Wednesday, May 6, 2026

Asia markets hit records on AI euphoria, Iran peace hopes

INTRO: Asian stocks are climbing, while oil prices dipped in Asian morning trading on Wednesday after US President Donald Trump touted "great progress" towards a "final agreement" with Tehran. Momentum in AI-driven trades also accelerated.

Trump says he will briefly pause an operation escorting ships through the Strait of Hormuz. Laura Westbrook reports.


IN: South Korea's