Asian Stocks Set to Rebound on Iran, AI Optimism: Markets…

Asian stocks experienced a recovery after their largest decline since March, driven by easing tensions in the Middle East and a reduction in selloff of artificial intelligence shares. The MSCI Asia Pacific equities index increased by 1.3%, breaking a three-day losing trend. Notably, South Korea's Kospi index surged over 3%, fueled by interest from dip buyers in the AI sector, with SK Hynix Inc. seeing a 7% spike in its stock.

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By Anand Krishnamoorthy

June 8, 2026 at 6:11 PM EDT

Updated on June 8, 2026 at 11:11 PM EDT

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Asian stocks rebounded after their biggest drop since March as tensions in the Middle East eased and a selloff in artificial intelligence shares abated. Crude oil declined.

MSCI’s Asia Pacific equities gauge climbed 1.3%, snapping a three-day losing streak. South Korea’s Kospi index rose more than 3% as dip buyers returned to the AI trade, with chip heavyweight SK Hynix Inc. jumping 7%.

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Asian Stocks Set to Rebound on Iran, AI Optimism: Markets Wrap