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Seoul, Taipei hit records as Asian tech rally lifts markets

Tech firms led a rally across most Asian markets on Monday after another healthy day on Wall Street driven by strong earnings; investors were also cheered by news that Iran had submitted fresh proposals to end its war.

Published May 3, 2026, 11:21 PM EDT | WFMZZ

Tech firms led a broad rally across most Asian markets Monday following another healthy session on Wall Street fueled by strong corporate earnings. Seoul and Taipei reached record highs as investors were also cheered by reports that Iran submitted fresh proposals to end its war.