On May 6, 2023, Asian markets rallied following positive signals from US President Donald Trump regarding peace talks with Iran. South Korea's Kospi index surged 5.5%, reaching an all-time high of 7,318.8 points, marking a 70% increase for the year. Major companies like Samsung Electronics and SK Hynix contributed to this rise, with gains exceeding 8% and 9%, respectively. Meanwhile, Australia's S&P/ASX 200 advanced by 0.58%. The optimism stemmed from Trump's announcement that the US initiative to escort ships through the Strait of Hormuz would be temporarily paused, allowing for further negotiations. However, the geopolitical situation remains tense, with Brent crude oil prices dropping 1.3% to around $108 per barrel. In the US, the S&P 500 and Nasdaq also reached record highs, buoyed by strong performances in AI-related stocks, with the S&P 500 rising 0.81% and the Nasdaq gaining 1.03%.