Stocks shake off Iran jitters as AI pushes market up, even amid oil climbs and Hormuz crisis

Jun 1, 2026 11:57 am | JPost BizTech, Technology

Markets are closely watching the next moves in the U.S.-Iran conflict, as renewed tensions in the Strait of Hormuz continue to threaten global oil flows, inflation stability, and investor confidence. (photo credit: SHUTTERSTOCK)
The MSCI All-World index was up 0.13% to trade around record highs, as markets from Tokyo to Seoul traded at or near all-time peaks, underpinned by avid demand for anything AI-related.
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