Japan and South Korea Stocks Hit Records Amid AI Growth and U.S.-Iran Tensions

Stock markets in Japan and South Korea reached record highs driven by enthusiasm for the artificial intelligence boom and amid renewed U.S.-Iran tensions. Oil prices rose over 3% as negotiations continued regarding the Strait of Hormuz, a key global oil transit route.

By CHAN HO-HIM Mon, June 1, 2026 at 7:35 AM GMT+3 3 min read · Yahoo Finance ·

Japan and South Korea Stocks Hit Records Amid AI Growth and U.S.-Iran Tensions

Tickers: $TM

Topics: AI growth global markets oil prices U.S.-Iran tensions

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