A person stands in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Oct. 17, 2023, in Tokyo. Asian shares advanced Tuesday after U.S. stocks rallied as investors unwound some of last weeks moves driven by worries about war in the Middle East. – World shares advanced Tuesday after U.S. stocks rallied as investors unwound some of last week’s moves driven by worries about war in the Middle East.
The Shanghai Composite index gained 0.3% to 3,083.50. In Australia, the S&P/ASX 200 climbed 0.5% to 7,056.10. India's Sensex advanced 0.6% and the SET in Thailand rose 0.5%.for a likely ground offensive into Gaza and fears deepened that the conflict could spread along Israel’s border with Lebanon.surprise attack on Israel by Hamas
Oil prices have fallen back after a volatile week spurred by worries about disruptions to supplies from Iran because of the war. Gold fell $1.60 to settle at $1,932.70 per ounce. Last week was its best in nearly seven months as worries climbed ahead of a possible invasion by Israel of northern Gaza. “Investors should remember that markets are very resilient, have endured countless wars, recessions, and depressions, and have rewarded long-term investors with a well-crafted financial plan,” said Mark Hackett, chief of investment research at Nationwide.
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