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Nikkei Continues Ascent

Japan’s Nikkei 225 reached hit an all-time intraday high Tuesday, after other indexes tailed off following recent runs.

The Nikkei 225 added 87 points, or 0.1%, to 69,404.50.

In Hong Kong, the Hang Seng gave back 348.72 points, or 1.4%, to 24,493.96.

The moves came after President Donald Trump announced that the U.S. and Iran had reached a deal to end the war in the Middle East.

The president also said that the key Strait of Hormuz passageway would reopen on Friday, sending oil prices down nearly 5% on Monday. Vice President JD Vance told the media on Monday that the strait would “be opened in a toll-free way for the long term.”

In other markets;

In Shanghai, the CSI 300 index dipped 7.48 points, or 0.2%, to 4,884.23.

In Taiwan, the Taiex climbed another 412.2 points, or 0.9%, to 45,809.19

In Korea, the Kospi index gained 180.62 points, or 2.1%, to 8,726.60.

In Singapore, the Straits Times 50 index took on 39.57 points, or 0.8%, to 5,116.86.

In New Zealand, the NZX 50 recovered 65.54 points, or 0.5%, to 13,426.13.

In Australia, the ASX nosed ahead 3.65 points, or 0.04%, to 8,917.60.