Asia stocks attempt a rally as Iran anxiety ebbs

SYDNEY - Asian shares rebounded on Tuesday as a day passed without a new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed.

Yet US Defense Secretary Mark Esper told Pentagon reporters that no decision had been made and the military said the letter was only a poorly worded draft. "We think the longest US expansion on record still has plenty of legs," said Tom Porcelli, chief US economist at RBC Capital Markets."To be sure, Iran adds an additional layer of complexity."

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