FinanceNewsAPI
US Stock Futures Fall, Oil Climbs on Iran Tensions: Markets Wrap - Bloomberg.com
Overview
Asian shares pulled back from record highs and U.S. stock futures slipped while crude oil rose as renewed tensions in the Middle East revived concerns about energy supplies, testing the durability of the recent equity rally. The regional weakness included a sharp drop in South Korea, where foreign selling halted a milestone rally and exposed the market's heavy dependence on two large chipmakers, amplifying volatility. Elevated oil prices and shipping-risk concerns are keeping volatility high across equities, bonds and currencies.
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ORGBloombergLOCUnited StatesLOCMiddle EastLOCAsia
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