Japan's Nikkei 225 tops 62,000 for the first time as Asia markets look past Trump’s Iran threats

Asia-Pacific markets are expected to open higher despite Middle East tensions, as traders balance President Trump's threats to bomb Iran against reports that Washington and Tehran are nearing a peace agreement. Trump warned Iran would face increased military strikes unless it agrees to a deal that would lift the U.S. naval blockade and open the Hormuz Strait. U.S. stock markets rose overnight on the developments, with the S&P 500, Nasdaq Composite, and Dow Jones all closing at record highs.