Optimism in US-Iran talks boosts risk appetite Asian stock markets are expected to open higher

On June 23, Asian stock markets were expected to open higher as optimism about progress in the U.S. -Iran peace talks boosted oil prices, offsetting weakness in Wall Street stocks, after falling stock prices of several Wall Street technology giants dragged down the benchmark index. Stock index futures predict gains in Sydney, Hong Kong and Tokyo. SpaceX's share price plunged 16% on Monday after announcing it would issue investment-grade bonds, which is expected to be a large-scale borrowing. Market expectations that the United States and Iran will reach an agreement, coupled with a recovery in artificial intelligence trade and solid growth in corporate profits, pushed the S & P 500 index back nearly 20% from war-triggered lows. UBS's chief investment office said that although geopolitical developments may remain the main source of market volatility in the short term, changes in investors 'confidence in the persistence of artificial intelligence's rise may also lead to market volatility.