Stock market today: Asian shares are mixed after Middle East tensions weigh on Wall St

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Business,Shigeru Ishiba

Asian shares are mixed after worsening tensions in the Middle East sent shares lower on Wall Street.

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FILE - People pass the New York Stock Exchange on Oct. 1, 2024, in New York. Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Oct. 4, 2024. The Bank of Japan has begun very gradually raising its benchmark rate from near zero. It now stands at around 0.25%. Expectations of rising rates had pushed the yen higher after the Liberal Democrats elected Ishiba to head the ruling party and thus serve as prime minister. But the yen has fallen back against the dollar in the past two days after officials sent clear signals that they did not favor further rate hikes at this time.

Benchmark U.S. crude added 5 cents to $73.76 a barrel. Brent crude, the international standard, gained 8 cents to $77.70 a barrel. On Thursday, Brent leaped 5% after starting the week below $72. It’s potentially on track for its biggest weekly percentage gain in nearly two years.

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Stock Futures Slip as Middle East Tensions Rise and Nike Shares React to Mixed EarningsU.S. stock futures dipped overnight as investors grappled with escalating tensions in the Middle East and Nike's mixed first-quarter earnings report. Tech stocks led the declines, while concerns about a potential wider conflict in the region overshadowed hopes for an economic rebound.
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Asian stocks mixed amid weak China data after Wall Street closes the best week of 2024Asian stocks are mixed with several key markets closed for a holiday, after U.S. stocks finished their best week of the year and climbed to the cusp of their records.
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Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors.
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Asian stocks climb after Wall Street closes its record-setting week mixedAsian stocks are mostly higher, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, and China. U.S. futures and oil prices were higher. Stock markets in Japan were closed on Monday for a public holiday. China’s central bank lowered its 14-day reverse repurchase rate to 1.85% from 1.
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