Asia Stocks Rise on Israel-Iran Cease-Fire Relief, Fed Rate-Cut Hopes
Stock markets in Asia rose as a cease-fire between Israel and Iran appeared to hold, with sentiment further buoyed by hopes for rate cuts in the U.S.
Major indexes in the region held firm or extended gains in afternoon trading Wednesday. Japan's Nikkei Stock Average rose 0.4%, while South Korea's Kospi edged 0.15% higher.
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