Framing Analysis
Major Asian and U.S. equity indices posted gains on Thursday and Friday, led by semiconductor stocks, while Brent crude remained elevated above pre-war levels and the Strait of Hormuz stayed largely closed. Supported data show the Kospi up 15.3 percent, Samsung Electronics up 21.5 percent, and SK Hynix up 25.6 percent, with parallel advances in the Nikkei 225, S&P 500, Dow Jones, and Nasdaq. One claim of a prior 16 percent Kospi drop is disputed.