Japan’s stock market dipped slightly as the Nikkei 225 fell 0.2%, despite strong export and import data buoyed by a weaker yen. Elsewhere, Australia and South Korea edged up, while Hong Kong slid and China held steady. The real momentum came from AI stocks, rallying for a second day led by Micron’s 12% surge and Nvidia’s 2% gain. Rising oil prices—driven by U.S.-Iran tensions—added pressure, with crude hitting $86 and Brent near $93, threatening inflation and possibly forcing rate hikes that could weigh on markets.
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