Global Market Today: Asian stocks rise, oil falls as US cites Iran progress

Global stocks surged to record highs as President Trump indicated progress in Iran negotiations, easing geopolitical tensions. This development boosted tech shares, particularly in South Korea, while Brent crude oil prices declined. The positive sentiment also lifted U.S. stock futures, anticipating lower inflation and robust economic growth.

May 6, 2026 - 06:00
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Global Market Today: Asian stocks rise, oil falls as US cites Iran progress
Global stocks surged to record highs as President Trump indicated progress in Iran negotiations, easing geopolitical tensions. This development boosted tech shares, particularly in South Korea, while Brent crude oil prices declined. The positive sentiment also lifted U.S. stock futures, anticipating lower inflation and robust economic growth.

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