Asia-Pacific stocks poised to open higher as investors shrug off stalled U.S.-Iran negotiations

asia-pacific stocks looked set to open higher monday as investors shrugged off stalled us-iran talks. trump scrapped plans to send envoy steve witkoff and jared kushner to islamabad for negotiations, posting on truth social that there was "tremendous infighting and confusion within their 'leadership.'" oil prices jumped about 2% after the second round of peace talks unraveled. brent crude rose to $107.49 per barrel, while us crude hit $96.19. tensions in the strait of hormuz remain high after iran's revolutionary guard reportedly boarded two cargo ships. japan's nikkei 225 was poised to climb, with chicago futures at 59,980 and osaka at 60,140, versus friday's close of 59,716.18. hong kong hang seng futures sat at 26,041, above the last close of 25,978.07. australian futures traded at 8,798, with the s&p/asx 200 at 8,786.5. us futures edged lower — dow futures down 0.2%, s&p 500 and nasdaq 100 both off 0.3%. last friday, the s&p 500 and nasdaq composite closed at record levels, with the s&p up 0.8% to 7,165.08 and the nasdaq adding 1.63% to 24,836.60. the dow fell 79.61 points to 49,230.71.