Asian stocks ended mostly lower on Tuesday as a recent tech-led rally lost steam and oil prices extended their surge amid fresh doubts over the U.S.-Iran ceasefire.After U.S. President Donald Trump rejected Iran's latest peace proposal, Israel launched new air strikes targeting Tehran and expanded its military campaign to include attacks on Iran-backed Hezbollah militants in Lebanon.Reports indica...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.