Asian equities advanced and oil dropped after the US and Iran reached a tentative deal to extend their ceasefire.
Gauges in Japan and South Korea climbed, sending the MSCI Asia Pacific Index higher by 0.7%. That came after the S&P 500 Index and the Nasdaq 100 Index rallied to a record close. Optimism toward AI remained high with Dell Technologies Inc. surging almost 38% in extended trading on its sales outlook.
