Market quick wins and fantasies shattered, South Korea and Japan stock markets plummeted in response

BlockBeatNews · 2026-04-02T02:22:38+00:00

Due to Trump's failure to provide a clear ceasefire timetable, the Japan and South Korea stock markets plummeted. The Japan Nikkei 225 index gave back its morning gains, falling 1.1%; the Korea KOSPI index plunged 3%. Trump's remarks have dampened market hopes for a quick resolution to the Iran conflict.

BlockBeatNews

2026-04-02 02:22:38

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BlockBeats message, April 2: Because in his address to the nation Trump failed to provide a clear ceasefire timetable, stocks in Japan and South Korea plunged. Japan’s Nikkei 225 gave back its early gains and is currently down 1.1%, at 53,151.80 points; South Korea’s KOSPI index is down 3.00% intraday and is now at 5,313.97 points.

Trump’s remarks have doused hopes in the market that the Iran conflict would end quickly. Trump said the United States is about to achieve all military objectives and added that within the next two or three weeks it will strike Iran extremely ferociously. (Jin10)

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