June 9, 2026 9:31 AM
Asia stocks bounce on dip buying, bonds lag behind
Asian stock markets eked out a rally on Tuesday and oil prices came off highs after Israel and Iran said they would halt attacks on each other for now, while ever-hopeful investors bought the latest dip in semiconductor stocks. Analysts cautioned the bounce was narrowly based with 60% of the S&P 500 finishing in the red overnight even as the overall index edged up. Share futures for Wall Street and Europe were also lower in early trading. Higher bond yields continued to test stretched equi...