economy

Asia markets rise as investors weigh Iran military activity against signs of temporary U.S.-Iran deal

Asia-Pacific markets rose as investors shrugged off renewed Iran tensions against ceasefire optimism.

Asia markets rise as investors weigh Iran military activity against signs of temporary U.S.-Iran deal

TL;DR

  • Asia-Pacific markets traded higher on Friday.
  • Investors are weighing new military activity involving Iran against signs of a potential temporary U.S.-Iran agreement.
  • Japan's Nikkei 225 and South Korea's Kospi experienced gains.
  • Samsung Electronics shares surged following the announcement of sample shipments for its new high-bandwidth memory chip.
  • U.S. futures were trading near flat after major averages closed at record highs on Thursday.
  • Tech stocks rallied on Thursday, boosted by Snowflake's strong earnings outlook and enthusiasm for AI.