Shares of Asian tech and semiconductor comoanies surged on the news that the U.S. and Iran agreed to a conditional two-week ceasefire.

Earlier, U.S. stocks swung sharply during regular trading as uncertainty about the war with Iran increased after Trump had threatened that a “whole civilization will die tonight."

Asia-Pacific markets were set to open higher after President Donald Trump said he agreed to suspend planned attacks on Iranian infrastructure for two weeks.

Shares of Asian tech and semiconductor comoanies surged on the news that the U.S. and Iran agreed to a conditional two-week ceasefire.

US president’s decision contingent on Tehran agreeing to two-week ceasefire and reopening Strait of Hormuz