Asia stocks set for weekly gain, oil under $100 on peace deal hopes - Reuters

<a href="https://news.google.com/rss/articles/CBMie0FVX3lxTFBROHc3clhJaHY4X3dKM1dEQjlNUDlocFpoRV9zWFo5Z0FjcTlNcGxtSHREOFFySUFoeGpfV1Rhc2NZcklKY3FoRzJTa0JCNjh4eER2YzNfbHpCVEEzRjlqOUtpaUhrbk1aV0l4dFh1X3paamswWmtOQWNNdw?oc=5" target="_blank">Asia stocks set for weekly gain, oil under $100 on peace deal hopes</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Asian stocks are poised for a second week of strong gains, and oil prices are below $100 a barrel, with investors optimistic about a near-term resolution to the Middle East conflict.

Despite Wall Street hitting record highs, Asian markets mostly declined as investors awaited signs of extended U.S.-Iran ceasefire talks, with oil prices also falling.

Asian stocks edged lower as investors locked in profits after strong gains, but remained on track for weekly advances amid hopes for renewed U.S.-Iran peace talks and a boost from technology stocks.

Asian stocks were mixed and on track for sharp weekly losses as escalating conflict in the Middle East and surging oil prices weighed on investor sentiment across the region.

Stocks pushed higher in early Asia trading as optimism grew about a deal to end the Iran war, with traders also preparing for economic data and critical earnings reports.