US stocks ended mixed on Tuesday as investors navigated heightened geopolitical uncertainty tied to President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz, with late-session optimism helping broader markets recover from earlier losses.The Dow Jones Industrial Average fell 85.42 points, or 0.18%, to close at 46,584.46. Meanwhile,…
US stocks have entered April following a period of significant volatility from geopolitical friction and shifting sector leadership.The US-Iran war weighed heavily on market sentiment last month, driving and sustaining oil prices handily above $100 per barrel due to supply chain disruptions.However, a rally late in March on reports that…
Japanese stocks and the yen surged on Wednesday as investors cheered the temporary ceasefire between the United States and Iran. The USD/JPY pair fell to 158.45, its lowest level since March 24, while the blue-chip Nikkei 225 Index jumped by over 5% to ¥56,000.Japanese yen and stocks to benefit from…
South Korea’s SK Hynix climbed on Wednesday after Samsung Electronics flagged a stronger-than-expected first-quarter profit. The figure reinforced investor optimism that artificial intelligence spending will continue to support demand for memory chips even as supply remains tight.Shares of SK Hynix, South Korea’s No. 2 memory chipmaker, rose as much as…