NVDA: Stocks edge higher as oil drops on fresh Mideast hopes
Asian stocks edged higher Wednesday as oil prices extended a decline on receding concerns about another military flare-up between the United States and Iran, while traders were also nervously awaiting Nvidia's earnings and key US inflation data. However, analysts said the simmering US-Canada trade row was causing some uncertainty, while the big event on the agenda this week is Nvidia's second-quarter earnings on Wednesday.