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Asia Stocks Set to Rise on Wall Street Gains; Oil Jumps 3.4% to $104 as Trump Rejects Iran Ceasefire

Commodities Indices

2026-05-11 22:11:46

Asia stocks are set to rise Tuesday, tracking Wall Street gains after the S&P 500 closed up 0.2% and the Nasdaq 100 climbed 0.3% in New York. Oil jumped 3.4% to over $104 a barrel after President Donald Trump called Iran's response to a ceasefire proposal "totally unacceptable," saying the ceasefire with the Islamic Republic was on life support. Equity-index futures for Australia, Japan and South Korea all pointed to advances at the open.

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In-Depth Analysis

US stock optical communication sector surges, could Taiwan stocks continue the rally? AAOI spikes more than 24%, LITE is added to the Nasdaq-100

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Market Whisper05-11 01:03

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