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Market Rebound: Why some Stocks Are Looking Past the Iran War
- South Korea's Kospi and Taiwan's Taiex hit record highs on Wednesday, while The Nikkei reached a record last week. Asian stock markets have rebounded sharply despite ongoing conflict in the Middle East.
- The AI-driven rally has overshadowed risks from the war with Iran as semiconductor chips remain in high demand for infrastructure. This enthusiasm has pushed Asian stock markets to recover from earlier losses.
- Samsung Electronics soared this week to surpass $1 trillion in market value, becoming the second Asian company after Taiwan Semiconductor Manufacturing Company, known as TSMC, to hit the milestone. The Korean stock market also surpassed Canada's.
- Unlike Asia, Europe's markets remain below pre-war levels because the region lacks concentrated tech and AI-focused companies. Europe's benchmark STOXX index is down nearly 2% since the war began.
- Investors continue to lean into optimism regarding peace efforts, while the rally shows the significance of Artificial intelligence earnings. Jim Reid, head of global macro research at Deutsche Bank, said Asian markets are "reacting well" to semiconductor momentum.
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12 Articles
12 Articles
The US stock market is not the only one that has rebounded to reach record highs.
The conflict in Iran did not shake up world stock markets. Expensive energy was overtaken by the boom in artificial intelligence and the sharp rise in corporate profits. Investors also bet that US President Donald Trump would strive for a quick end to the war.
Coverage Details
Total News Sources12
Leaning Left1Leaning Right0Center9Last UpdatedBias Distribution90% Center
Bias Distribution
- 90% of the sources are Center
90% Center
C 90%
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