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World shares are mixed and oil prices slip as Iran attacks escalate
AP News • • general
Key Points:
- Global stock markets showed mixed performance amid escalating Middle East conflict, with Iran and the U.S. exchanging attacks following the end of a temporary ceasefire declared by President Trump.
- European markets saw modest changes, with the FTSE 100 down 0.6%, while France's CAC 40 and Germany's DAX edged up by 0.3%.
- Asian markets were mixed, with Tokyo’s Nikkei gaining 1.4%, South Korea’s Kospi rising 0.6%, and Shanghai Composite climbing 1.7%, despite inflation concerns linked to the conflict.
- Oil prices declined slightly, with Brent crude falling 0.4% to $77.69 per barrel after briefly surpassing $80, reflecting volatility due to the ongoing war and peace talks.
- In the U.S., the S&P 500 and Dow Jones fell modestly, while the Nasdaq rose slightly, boosted by Broadcom’s 4.8% gain following a new partnership with Apple.
