Global Market Today: Asian shares slip, oil pares climb

Global markets traded mixed as optimism over US-Iran peace talks lifted S&P 500 futures 0.5% and Nasdaq 100 futures 0.6%, while Asian shares slipped 0.2% and South Korea's Kospi fell 1.6%. Brent crude jumped as much as 1.9% to over $73 a barrel before paring gains to trade around $72.10 amid Middle East tensions including Iranian strikes on a container ship and military bases in Kuwait and Bahrain. Investors are focused on risks including a potential correction in the AI-driven rally, sticky inflation, and the Fed's Sintra conference this week, with US nonfarm payrolls and comments from Fed Chair Kevin Warsh expected to guide rate expectations.