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South Korea's KOSPI tops 7,000 at 7,318.8 on tech rally

NewsBytes | May 6, 2026 10:39 AM CST

Brent $108 lifts US futures

Cheaper oil played a part: Brent crude dipped to $108 after President Trump talked about progress with Iran tensions.
That news lifted US stock futures as well (S&P 500 up 0.3%, Nasdaq 100 up 0.7%).
Plus, strong earnings from tech giants like AMD and Super Micro Computer kept investor spirits high.

Yields below 5% spark Fed speculation

US long-term bonds bounced back with yields dropping below 5%, sparking fresh chatter about what the Federal Reserve might do next.
With inflation cooling off and optimism in the air, people are watching closely for possible interest rate moves.