South Korea Financial Markets

A screen shows the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 15, 2026.

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Asian shares are mixed after Wall Street rallies on hopes for talks on ending the US-Iran war

Asian shares are mixed after Wall Street rallies on hopes for talks on ending the US-Iran war

Shares are mixed in Asia, echoing a rally on Wall Street driven by hopes United States and Iran may resume talks to end their war. The price of Brent crude edged 0.2% lower but was still above $98 a barrel. On Tuesday, U.S. stocks advanced to near their all-time high, with the S&P 500 rising 1.2%. The Dow industrials gained 0.7%, and the Nasdaq composite climbed 2%. Lower oil prices help bring down costs for all kinds of businesses. President Donald Trump said he was extending the ceasefire with Iran at Pakistan’s request while awaiting a “unified proposal” from Tehran. The U.S. military was keeping its blockade of Iranian ports