Seoul stocks open higher on Wall Street gains following U.S.-Iran deal (opens original article in a new tab)

South Korean stocks opened higher following U.S. stock gains after a U.S.-Iran agreement to reopen the Strait of Hormuz. U.S. stocks also rose with the S&P 500 and Nasdaq 100 seeing significant increases, while oil prices declined.

• South Korean stocks opened 1.76% higher on Tuesday
• U.S.-Iran agreement to reopen Strait of Hormuz boosted investor sentiment
• U.S. stocks saw gains with S&P 500 up 1.7% and Nasdaq 100 up 3.1%