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Asia-Pacific markets set to open mixed as Middle East worries dent sentiment

Traders work at the New York Stock Exchange on Sept. 2, 2026. NYSE Asia-Pacific markets open broadly higher Monday, with renewed focus on Middle East tensions as U.S. and Iran engage in tit-for-tat strikes.

Asia-Pacific markets set to open mixed as Middle East worries dent sentiment

Traders work at the New York Stock Exchange on Sept. 2, 2026. NYSE Asia-Pacific markets open broadly higher Monday, with renewed focus on Middle East tensions as U.S. and Iran engage in tit-for-tat strikes. Japan's Nikkei 225 added nearly 1%, while the Topix rose 0.55%.

The Kospi advanced 3.09% at open, with the small-cap Kosdaq gaining 1.33%. Australia's benchmark S&P/ASX 200 was flat. Middle East turmoil persisted, following news that the U.S. struck three Iranian oil tankers after saying warships were targeted with ballistic missiles.

U.S. Secretary of Energy Chris Wright said that the Iran nuclear deal may not happen anytime soon, stating, "An agreement may await the next administration in Iran. We simply don't know that." Preventing Iran from acquiring a nuclear weapon has repeatedly been cited by President Donald Trump as a key objective of the U.S. campaign.

Meanwhile, Trump has continued to pursue a diplomatic agreement with Tehran during the war, which has driven energy prices sharply higher globally. U.S. stock markets will be closed on Monday due to a holiday. Asia-Pacific markets traded broadly higher early Monday, with Japan's Nikkei 225 rising nearly 1%, Topix up 0.55%, Kospi advancing 3.09%, and small-cap Kosdaq gaining 1.33%.

Australia's S&P/ASX 200 was flat. Futures data showed Japan's Nikkei 225 futures at 66,085 and 65,830, Hong Kong Hang Seng index futures at 25,667, and Australia's S&P/ASX 200 futures at 9,002.

Source: CNBC

Distributed to Review · Local Post by RedPress.

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