Asian Equities Rebound Amid Iran Conflict

Asian equities rebounded Thursday after a selloff: South Korea's Kospi jumped 11% and the MSCI Asia Pacific rose 2.8%, mirroring US gains where the S&P 500 climbed 0.8% and the Nasdaq 100 rose 1.5% after US services expanded at the fastest pace since mid‑2022 and a price index hit a near one‑year low. Oil rose to about $76 (WTI) and China set a 2026 GDP target of 4.5%–5%.