Asian shares mixed after Wall Street rallies on US-Iran ceasefire
Asian shares were mixed on Wednesday following a Wall Street rally on hopes of a US-Iran ceasefire, with oil prices easing. The S&P 500 index rose 1.2% on Tuesday, closing at 6,967.38, just 0.2% below its record.
Asian shares were mixed on Wednesday after a Wall Street rally on hopes of a US-Iran ceasefire. The S&P 500 index rose 1.2% on Tuesday, closing at 6,967.38. Oil prices eased, with Brent crude falling 0.2% to above $98 a barrel and US benchmark crude dropping 0.4% to $89.29 a barrel. Japan's Nikkei 225 gained 0.5%, while Australia's S&P/ASX 200 fell 0.9%. The US dollar fell to 159.27 Japanese yen from 159.38 yen. Global inflation is expected to accelerate to 4.4% this year, according to the International Monetary Fund.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.