Asian stocks jump after Wall Street soars on renewed hopes of Iran war end

HONG KONG (AP) — Asian shares were sharply higher Wednesday after U.S. stocks soared to their best day since last spring on renewed hopes that the Iran war could soon end. South Korea’s Kospi surged 5.2% to 5,312.45 in early trading, while Tokyo’s Nikkei 225 rose 3.5% to 52,840.67. Australia’s S&P/ASX 200 was up 1.9% to 8,641.30. The renewed optimism came after U.S. President Donald Trump said on Tuesday the United States will be done attacking Iran probably in two to three weeks, and that the U