Asian stocks mostly lower due to Israel-Iran conflict, cautious sentiment, Japanese markets hit four-month high

From Nasdaq: 2025-06-17 04:39:00

Asian stocks closed on a muted note as the Israel-Iran conflict continued to weigh on markets. President Trump’s early departure from the G7 summit added to the cautious sentiment. Gold held steady while oil prices rose amid fears of escalating tensions. Japanese markets hit a four-month high despite the regional weakness. Seoul stocks closed flat, with gains in tech and auto sectors. Australian and New Zealand markets ended lower. U.S. stocks surged on hopes of containment of the Israel-Iran conflict, with the Nasdaq up 1.5%, S&P 500 up 0.9%, and Dow up 0.8%.



Read more at Nasdaq: Asian Shares Mostly Lower Amid Muted Trade