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How Iran tensions sparked oil gains and fueled KOSPI's 4.1% surge — Market Wrap May 11
Today's AI insights from 7horns.ai reveal a mixed but bullish start to the week with the South Korean KOSPI leading gains, surging 4.1% to a record intraday high, driven by strength in semiconductors. Renewed geopolitical tensions following President Trump's rejection of Iran's peace proposal sent crude oil futures up 2.47%, trading near $97.78, stoking fears of prolonged energy supply disruptions. In the US pre-market, Micron continued its strong momentum with a 2.68% rise after a remarkable 15.49% rally on Friday, highlighting ongoing enthusiasm in the semiconductor sector. Meanwhile…
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