Updated
Updated · CNBC · Jun 2
Asia-Pacific Stocks Slide as Trump Shrugs Off Iran Talks, Nikkei Drops 1.32%
Updated
Updated · CNBC · Jun 2

Asia-Pacific Stocks Slide as Trump Shrugs Off Iran Talks, Nikkei Drops 1.32%

9 articles · Updated · CNBC · Jun 2
  • Japan and South Korea led Tuesday’s regional losses, with the Nikkei 225 down 1.32%, the Kospi off 1.92% and the Kosdaq sinking 3.13%; Australia’s ASX 200 fell 0.71%.
  • Trump reignited concern over U.S.-Iran negotiations by saying he did not care if the talks were over, after reports Iranian negotiators were weighing an exit and a move to block the Strait of Hormuz.
  • China and Hong Kong were relative outliers, with the CSI 300 up 0.1% and the Hang Seng edging 0.13% higher even as U.S. stock futures turned lower.
  • U.S. futures slipped despite Wall Street records overnight, where the S&P 500 closed at 7,599.96 and the Nasdaq at 27,086.81, lifted by Nvidia and broader tech strength.
As Middle East tensions boil, can global economies survive the closure of the world’s most critical oil chokepoint?
Peace talks are collapsing. Is President Trump’s disinterest a tactic or has diplomacy with Iran reached a dead end?
Iran is reportedly just days from a nuclear bomb. Can ongoing military strikes alone truly neutralize the threat?