Markets Cool as Oil Deal Hope Rises

Global markets cooled this week after a strong run, with European indexes and U.S. futures dipping, Asia hit hard—Japan’s Nikkei fell 3.6%, South Korea’s Kospi plummeted 10% amid tech sell-offs and semiconductor regulation. The pullback? Natural after eight days of gains, but geopolitical shifts are driving it: U.S.-Iran talks hint at a potential deal that could reopen the Strait of Hormuz, sending oil prices tumbling and the dollar slightly lower against the yen and euro. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/495603ef0f3cd45f