Stocks rebound as Iran peace talks in focus; Warsh hearing looms

Stocks rebounded in early trading in Asia on Tuesday as markets took heart ​from reports Iran is considering attending peace talks with the United States in Pakistan, with renewed bets on AI underpinning demand. Investors ‌were also keeping their eyes on a Senate confirmation hearing later for Kevin Warsh, U.S. President Donald Trump’s nominee to lead the Federal Reserve, which Trump has repeatedly criticised for failing to cut rates sooner and more aggressively. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.9%, as South Korea’s Kospi rose 2.1% to hit ​a fresh record high for the first time since the Iran war began. S&P 500 e-mini futures were up 0.1%, while ​Brent crude slipped 0.4% to $95.09 a barrel.