Current location:World Wave news portal > opinions
Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate
World Wave news portal2024-04-30 01:18:51【opinions】4People have gathered around
IntroductionHONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions
HONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing investors to look for safer places for their money.
U.S. futures rose and oil prices fell despite tensions roiling the Middle East where an attack late Saturday marked the first time Iran had ever launched a military assault on Israel, despite decades of enmity dating back to the country’s 1979 Islamic Revolution.
A barrel of benchmark U.S. oil declined 41 cents to $85.25 a barrel. Brent crude, the international standard, lost 24 cents to $90.21. Slower demand from China, combined with forecasts that growth in supply is outpacing demand, has kept prices in check.
“While the drone attack has grabbed headlines, its immediate impact on global markets, particularly oil prices and inflation concerns, may be subdued,” Stephen Innes, managing partner at SPI Asset Management, said in a commentary. “The precision and limited lethal impact of Iran’s response suggest a strategic approach aimed at minimizing damage rather than escalating tensions.”
Address of this article:http://wakeisland.fightbigfood.org/article-21b799940.html
Very good!(5)
Previous: IOC launches innovative Paris 2024 mobile game
Next: China's Queqiao
Related articles
- Hawaii is known for its macadamia nuts. Lawmakers want to keep it that way
- Texas, Arizona migrant laws for border are dealt setbacks
- DPP authorities tell lies, conceal truth about fatal boat incident: Taiwan Affairs Office
- Xi visits political advisors, joins discussion at annual session
- China starts building phase II of spallation neutron source to help boost sci
- Agency eyes more Luban Workshops
- TDSL prepares 27 proposals to share at upcoming two sessions
- FM calls for consensus on advancing human rights
- Aston Villa extend Emery's contract until 2027
- China's national legislature to hold press conference ahead of annual session
Popular articles
Recommended
Top political advisor meets visiting KMT delegation
Media center ready for influx of international reporters
GBA integration a focus of attention at CPPCC
At UN, China calls for aid to make it to Gaza
Iran vows 'harsher' response should Israel 'make another mistake'
China 'disappointed' as U.S. blocks Gaza ceasefire for 4th time at UN
Chinese Embassy deplores Romania's rejection of Huawei's 5G equipment authorization
Top court: Trump will stay on ballot in Colorado
Links
- The last day of the NBA regular season is Sunday. Expect chaos and lots of it
- Nicolai Hojgaard goes from late third
- Reinhart gets his 55th goal to win it, Florida tops Buffalo 3
- 1 killed in police action on farmers in India
- Chinese experts help farmers in Cote d'Ivoire achieve bumper harvest of paddy rice
- Death toll from Israeli attacks surpasses 30,000 in Gaza, humanitarian crisis worsening
- India's anti
- Bogusz scores in each half as LAFC notches 2
- Africa Energy Indaba highlights prospects of South Africa
- Bogusz scores in each half as LAFC notches 2