economy

South Korea's Kospi hits new high amid mixed trading in Asia

Asia-Pacific markets were set to open broadly higher Tuesday, amid hopes for a breakthrough in the U.S.-Iran peace negotiations.

South Korea's Kospi hits new high amid mixed trading in Asia

TL;DR

  • South Korea's Kospi index hit a new record high.
  • Investor sentiment was influenced by hopes for U.S.-Iran peace talks.
  • Oil prices fluctuated after comments from President Trump.
  • The U.S. Central Command conducted self-defense strikes against Iranian targets.
  • Most other Asian markets showed mixed results, with some declines.
  • U.S. stock futures indicated a higher open.