U.S. stocks were mixed in early trading as semiconductor shares extended their slide, with Micron Technology down another 2.3% overnight. In Asia, South Korea’s Kospi fell 7.9% in a single session, led by losses in SK Hynix and Samsung Electronics. Oil prices retreated to levels seen before the Iran war began. S&P 500 futures were flat, Dow futures rose 0.2%, and Nasdaq futures fell 0.4%.

Indirect talks between the U.S. and Iran, mediated by Qatar and Pakistan, have boosted expectations that shipping through the Strait of Hormuz could resume, sending international oil prices lower. Brent crude fell 1.4% to $70.60 a barrel, while U.S. benchmark crude dropped 1.5% to $67.52 a barrel, both below levels seen before the Iran war began. Chip stocks also sold off, but the decline in oil was directly driven by the geopolitical developments.

Asian stock markets fell on Thursday, led by a 5.1% drop in South Korea’s Kospi as chipmakers SK Hynix and Samsung Electronics slid 7.7% and 6.4%. Japan’s Nikkei 225 declined 1.5%. Oil prices moved lower after indirect U.S.-Iran talks took place via mediators in Qatar and Pakistan, lifting expectations that the war in Iran could end.

The United States and Iran separately said they would send delegations to Qatar for consultations, though Iran said no formal talks have been arranged with the U.S. Oil prices steadied after the announcements. Asian equities were mostly higher, with South Korea’s Kospi rebounding 1.3% after two sessions of heavy tech-led selling. The report cited no specific oil-price levels or supply changes, pointing instead to a marginal easing in geopolitical risk sentiment.

Iran launched a new round of drone and missile attacks on Bahrain and Kuwait over the weekend in retaliation for a fresh wave of U.S. airstrikes, heightening tensions in the Gulf. Oil prices rose on fears that Middle East supply could be disrupted. The summary cited crude oil as the only asset with a clear, immediate and verifiable causal driver, without detailing direct price catalysts for other traditional assets.

Iran launched a new round of drone and missile attacks on Bahrain and Kuwait over the weekend, in response to new U.S. airstrikes tied to fresh sanctions, sharply escalating U.S.-Iran tensions. Japan’s Nikkei 225 fell 1% on Monday to 68,704.70, extending Friday’s 4.2% drop, while SoftBank Group slid another 5.9%. Oil prices rose but remained near levels seen before the Iran war began in late February. The latest geopolitical escalation has lifted energy risk premiums and weighed on sentiment toward Asian tech stocks.

Qualcomm and Micron Technology jumped about 7% and 18.5% in after-hours trading after both raised full-year revenue guidance and topped expectations. Qualcomm lifted its annual revenue forecast to $40 billion from $22 billion and said its new Dragonfly C1000 data-center CPU will be used by Meta. The upbeat chip-sector results supported tech shares globally, with Japan and South Korea leading gains. Oil prices edged lower, moving closer to levels seen before the war with Iran began.

美国与伊朗就战争问题举行周末会谈，美方称达成‘良好基础’，市场视作地缘紧张缓和信号。随后国际油价下跌，美股三大指数分化：纳指跌1.3%，标普500跌0.4%，道指涨0.3%。文章未披露具体协议内容或执行时间表，仅为初步表态，无实质性政策或供应变动确认。

Fresh progress in U.S.-Iran negotiations has boosted expectations that Middle East geopolitical risks could ease, pushing oil prices lower. Brent crude fell 2% to $79.02 a barrel, while U.S. WTI slipped 74 cents to $75.11. U.S. stock index futures were little changed in premarket trading, moving without a clear directional catalyst.