Optimism over US-Iran peace talks pushed oil higher and lifted risk appetite, likely producing higher openings for Asian equities that will partly offset weakness on Wall Street after several tech giants fell. Index futures pointed to gains in Sydney, Hong Kong and Tokyo. SpaceX said on Monday it will issue investment-grade bonds in a large financing; the stock plunged about 16% on the announcement. Market expectations of a US-Iran deal, a recovery in AI-related trading and resilient corporate e

Optimism over US-Iran peace talks pushed oil higher and lifted risk appetite, likely producing higher openings for Asian equities that will partly offset weakness on Wall Street after several tech giants fell. Index futures pointed to gains in Sydney, Hong Kong and Tokyo. SpaceX said on Monday it will issue investment-grade bonds in a large financing; the stock plunged about 16% on the announcement. Market expectations of a US-Iran deal, a recovery in AI-related trading and resilient corporate earnings have driven the S&P 500 to rebound nearly 20% from war-induced lows. UBS’s chief investment office said geopolitical developments may remain the main near-term source of volatility, but shifts in investor confidence over the durability of the AI rally could also spark market swings.