Asian stocks upbeat with Nikkei record high despite U.S.-Iran tensions
NewsBytes | April 28, 2026 7:42 PM CST
Hang Seng and Gift Nifty steady
Hong Kong's Hang Seng futures nudged higher and India's Gift Nifty pointed to a positive start, both holding steady despite news of Iran seizing ships near the Strait of Hormuz and stalled U.S.-Iran talks.
Oil prices spiked nearly 2%, sending Brent crude to $107.49 per barrel as worries about the region grew.
Meanwhile, Wall Street wrapped up last week with new highs for the S&P 500 and Nasdaq, though the Dow edged down slightly.
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