Thursday, April 16, 2026

Asian stocks mostly higher after Wall Street hits record and oil steadies

Representative image. Photo: Getty Images/iStockphoto.

Representative image. Photo: Getty Images/iStockphoto.

Asian stocks mostly gained while oil prices steadied on Thursday (April 16, 2026) over expectations of an extension of a ceasefire in the Iran war and hopes for more talks between the U.S. and Iran.

Tokyo’s Nikkei 225 jumped 2.4% to 59,549.59. South Korea’s Kospi climbed 2% to 6,215.38.

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