Asian stocks jump as hopes grow for US Iran deal
Asian stock markets jumped at the open as hopes grew for a U.S.-Iran conflict resolution.
Japan, South Korea, and Australia led the gains, with the MSCI Asia Pacific Index up 1.6%.
Investors are feeling upbeat that easing tensions could steady oil supplies and help economies bounce back.
President Trump sounded hopeful too, saying a deal could be reached in the next few weeks.
Iran lists 5 demands
Oil prices stayed stable at about $102 a barrel, while gold and US Treasuries both saw gains and the dollar slipped.
Still, Iran has listed five demands to end the standoff, so negotiations might not be simple.
Meanwhile, US economic data sent mixed signals: consumer confidence rose unexpectedly, but job openings fell.
Everyone's watching for Trump's next update to see what happens next.