Asian shares saw slight gains as investors awaited US jobs data, buoyed by the S&P 500’s record high following Trump’s Vietnam trade deal announcement. The agreement, involving tariffs on Vietnamese exports and the removal of levies on US imports, boosted apparel stocks. Meanwhile, concerns over fiscal policy in the UK and the US added to market uncertainty.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation