Fleeting Victory Illusion Shattered in Market, Japanese and South Korean Stocks Plummet

BlockBeats News, April 2nd, due to Trump's failure to provide a clear ceasefire schedule in a national address, the stock markets of Japan and South Korea plunged. The Japanese Nikkei 225 index gave back its early gains, currently down 1.1% at 53,151.80 points; the South Korean KOSPI index plummeted by 3.00% intraday, now at 5,313.97 points.

Trump's remarks poured cold water on the market's hope for a swift resolution to the Iran conflict. Trump stated that the U.S. is about to achieve all military goals and said that it will strike Iran very fiercely in the next two to three weeks. (FX678)