Asian stock markets jumped sharply Wednesday after Donald Trump said the U.S. would exit the war with Iran within two to three weeks, with or without a deal, raising hopes that the month-long conflict that has roiled global energy markets may be nearing its end.
South Korea's Kospi surged 6.4 percent in early trading, while Japan's Nikkei 225 rose 4 percent, Hong Kong's Hang Seng gained 1.9 percent, and Taiwan's Taiex was up 4.3 percent. Australia's S&P/ASX 200 rose 1.7 percent. India's BSE Sensex jumped more than 1,800 points in early trade, with broad-based buying across banking, financials and technology stocks.