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Asian stocks rise on peace hopes and falling oil
Asian stocks rose today amid hopes that a peace agreement between the United States and Iran might be reached. The U.S. President indicated the possibility of signing an agreement over the weekend, triggering a strong wave of buying in the markets. This came as oil prices declined and expectations grew of opening the Strait of Hormuz. Major indices such as Kospi and Nikkei saw gains of over 3-8%, while investors focused on Tesla's trades and the technology sector overall.
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