US stocks rise, Asian markets get rocked as Middle East conflict intensifies
US stocks rise, Asian markets get rocked as Middle East conflict intensifies
https://www.cnn.com/2026/03/04/investing/global-stocks-iran
Publish Date: 2026-03-04 10:29:00
Source Domain: www.cnn.com
Here is a summary of the article with 6 key points:
– Oil prices stabilized, supporting rebounds in European and US stocks, as markets hope for limited long-term disruption and monitor Middle East tensions.
– East Asian stocks declined significantly due to reliance on Middle Eastern LNG imports, while European and US stocks stabilized after volatility.
– South Korea’s Kospi index plunged 12% amid turmoil, though it has surged 21% this year.
– Reports of indirect US-Iran talks and assurances from the US Navy on securing oil shipments helped moderate oil prices.
– Despite significant drops, regional markets faced challenges as inflation concerns linger and geopolitical risks persist.
– US Treasury yields increased slightly as inflation fears persisted, impacting safe-haven and alternative assets like gold and Bitcoin.
