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The Nexus
BUSINESSAug 2 · 22:59 UTCFORTUNEJason Ma

Markets signal investors are back in buying mode again after Kospi’s record surge while Trump gives peace a chance with latest Iran reversal

U.S. stock futures rose as President Donald Trump reconsidered a major attack on Iran, while South Korea's Kospi index hit a record single-day surge. Oil prices fell amid hopes for reopening the Strait of Hormuz, and investors awaited key labor market data to assess Federal Reserve policy direction.

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Donald TrumppersonKospi indexplaceIranplaceSouth KoreaplaceStrait of HormuzplaceADPorganizationLabor DepartmentorganizationFederal Reserveorganization
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