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How Iran strikes fueled a 3% oil surge and Nikkei’s record 2.5% jump — Market Wrap Jun 3, 2026
Today's AI insights from 7horns.ai reveal a mixed global market mood on June 3, 2026, as the Nikkei soared 2.5% to a new all-time high of 68,401, driven by robust semiconductor gains. Meanwhile, oil prices surged over 3% amid escalating geopolitical tensions following Iran's missile strikes on Kuwait and Bahrain and US retaliatory strikes on Qeshm Island. Brent crude neared $97 per barrel, underscoring heightened supply concerns. Contrasting with these gains, Hong Kong’s Hang Seng fell 1.6%, reflecting profit-taking, while US futures remained flat ahead of the open. In individual stocks, tech…
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