BANGKOK (AP) — Share prices soared Monday in Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz.
Benchmarks in Tokyo and Seoul initially gained more than 5% early Monday. Oil prices fell more than $4 a barrel.
The future for the S&P 500 was up 1% and that for the Dow Jones Industrial Average gained 0.9%, auguring likely early gains for Wall Street.
