Nikkei May Rise on Renewed Hopes for U.S.-Iran Deal -- Market Talk
Dow Jones2026/08/04 23:462346 GMT - Japanese stocks may rise on renewed hopes for a U.S.-Iran deal to reopen the Strait of Hormuz. Nikkei futures are up 2.6% at 65615 on the SGX. The dollar is at 157.80 yen, compared with Y157.69 as of Tuesday's Tokyo stock market close. Earnings are in focus. Investors are also closely watching developments in the Middle East after Treasury Secretary Scott Bessent said Tuesday that the U.S. could reach a deal with Iran to reopen the Strait of Hormuz "today or tomorrow." The Nikkei Stock Average rose 0.3% to 63957.53 on Tuesday. (kosaku.narioka@wsj.com)
(END) Dow Jones Newswires
August 04, 2026 19:46 ET (23:46 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"Smart money" makes massive purchases of U.S. stocks! Bank of America clients record the sixth highest weekly net purchases in history, technology stocks favored again
According to the latest client fund flow data from Bank of America, last week its clients recorded a net purchase of U.S. stocks for the second consecutive week, with the inflow reaching the highest level since mid-July. This marks the sixth largest single-week net inflow since the bank began tracking weekly data in 2008.
Academy Sports Lifts Earnings Outlook Despite Pressure on Consumer Spending
Wells Fargo Adjusts Casey's General Stores Price Target to $750 From $960, Maintains Overweight Rating
Moderna Set for 3 Near-Term INT Data Readouts, UBS Says
Crypto prices
More
