Asia stocks are set to rise Tuesday, tracking Wall Street gains after the S&P 500 closed up 0.2% and the Nasdaq 100 climbed 0.3% in New York. Oil jumped 3.4% to over $104 a barrel after President Donald Trump called Iran’s response to a ceasefire proposal “totally unacceptable,” saying the ceasefire with the Islamic Republic was on life support. Equity-index futures for Australia, Japan and South Korea all pointed to advances at the open.
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