Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, boosted by the surge in semiconductor and AI stocks amid reports that the $28 billion SK Hynix IPO in the U.S. was heavily oversubscribed. Speculation that the escalation of hostilities between the U.S. and Iran will be limited is also aiding market sentiment. Asian markets ended mixed on Thursday.
Traders remain optimistic that a full-blown war can be avoided in the Middle East after US President Donald Trump claimed that Iran wants to “make a deal so badly,” although that is in line with his typical rhetoric. He added that he doesn’t know if they’re worthy of making a deal.
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Asian Markets Track Wall Street Higher
2026-07-10 03:21:51
