#1 out of 1
business17h ago
Shares mostly gain in Asia after Wall St hits new records, while oil slips
- U.S. stocks rose to new records, lifting investor optimism across global markets.
- Asia's markets climbed as tech shares led gains in Korea and Taiwan.
- Oil prices slipped as investors weighed potential Middle East developments.
- Trump said the U.S. would help ships leave the Strait of Hormuz starting Monday, signaling a new phase in the Gulf.
- Markets monitored the potential impact of Iran tensions on oil supply and global growth.
- Apple led the U.S. rally after posting better-than-expected profits.
- The S&P 500 closed at a record high as earnings beat estimates across many firms.
- Investors awaited official details on military deployments tied to Gulf tensions.
- European leaders faced the political reality of allied efforts after U.S. troop decisions.
- The AP report highlights the wider market narrative linking oil, war, and profits.
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