Asian shares are mixed and US futures fall as Iran talks make progress (opens in new tab)

Asian stocks were mixed Monday with markets in Japan and South Korea trading higher and setting new records, while oil prices edged lower on fresh optimism over progress in U.S.-Iran negotiations. Tokyo’s Nikkei 225 jumped 1.6% and ended at another all-time record of 72,353.96, led by technology stocks that were fueled by excitement over the global artificial intelligence boom. Japan’s SoftBank Group, the multinational investment holding company with a strong AI focus, rose 1.9%.