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Asian Shares Are Mixed with Tech Stocks Volatile, and Oil Falls on Trump's Russian Sanctions Waiver
Oil fell more than 1% after Trump suspended new Russia sanctions, easing fears of tighter supply as Asian shares stayed mixed amid tech volatility.
- Oil prices fell more than 1% on Monday after President Donald Trump waived sweeping sanctions on Russia, including on energy exports.
- Trump's decision followed a diesel deal reached earlier this month with Russia aimed at lowering elevated U.S. fuel prices ahead of the Nov. 3 midterm elections.
- South Korea's benchmark Kospi index rose 1.1% on Monday, while Indonesia's benchmark stock index fell 5% following index provider MSCI's warning of a downgrade.
- A broad sell-off of technology shares has pressured markets, with investors now watching for upcoming U.S. earnings from Meta, Netflix, General Motors, Tesla, and IBM.
- Geopolitical tensions in the Middle East, including uncertainty surrounding oil transport in the Strait of Hormuz, continue to exert upward pressure on crude prices despite Monday's decline.
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23 Articles
Former US Secretary of State warns that “political rejection of renewable energy can reverse advances and delay investments” for the energy transition
·Madrid, Spain
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Asian shares are mixed with tech stocks volatile, and oil falls on Tru
HONG KONG (AP) — Asian shares were mixed Monday as volatility in technology stocks persisted, while U.S. equity futures edged higher ahead of another week of American corporate earnings results . Oil prices fell more than 1%
·Baltimore, United States
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The Toronto Star+2 Reposted by 2 other sources
Asian shares are mixed with tech stocks volatile, and oil falls on Trump’s Russian sanctions waiver
HONG KONG (AP) — Asian shares were mixed Monday as volatility in technology stocks persisted, while U.S. equity futures edged higher ahead of another week of American corporate earnings results.
·Toronto, Canada
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Coverage Details
Total News Sources23
Leaning Left5Leaning Right2Center11Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 28%
C 61%
11%
Factuality
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