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Asian Stocks Mostly Lower After Wall Street's Worst Day Since Start of Iran War
U.S.-Iran tensions delay talks as major U.S. indexes drop sharply; South Korea's Kospi falls 3.1%, gold rises 1%, and oil prices decline after earlier gains.
- Asian shares mostly fell Friday as investors reacted to growing doubts about de-escalation in the Iran conflict, following a sharp decline on Wall Street.
- President Donald Trump postponed a threatened attack on Iran energy facilities Thursday, while extending the deadline for Iran to reopen the Strait near Hormuz to April 6.
- On Thursday, Wall Street endured its worst day since the Iran war began, with The Dow Jones Industrial Average dropping 1% and The Nasdaq falling 2.4%.
- After Iran rejected a ceasefire proposal from Washington and issued a counterproposal, Washington increased regional troop deployments, fueling further uncertainty.
- Brent crude futures fell 1.1% to $100.77 per barrel, while Gold prices rose 1% to $4,420.70 per ounce, reflecting ongoing commodity volatility.
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Associated Press News+32 Reposted by 32 other sources
World shares mostly lower and oil gains after Wall Street's worst day since start of Iran war
World shares have traded mostly lower after Wall Street had its worst day since the start of the Iran war over growing doubts about a de-escalation.
·United States
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Asia-Pacific stock markets plunged at the opening session on Friday, March 27, 2026. The prospects for a peace deal in the East remain unclear and contradictory statements are being made.
Coverage Details
Total News Sources35
Leaning Left10Leaning Right1Center15Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 38%
C 58%
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