Asian shares are mostly lower as investors focus on the Iran war’s impact on energy supplies
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Asian shares are mostly lower as investors are concerned about the potential impact of the Iran war on energy supplies. On Monday, global markets reacted with the S&P 500 initially falling by 1.2% before slightly recovering to a gain of less than 0.1%. The Dow Jones Industrial Average increased by 0.1%, while the Nasdaq composite rose by 0.4%. Trading activity was observed in locations such as Seoul, Tokyo, and Frankfurt, where currency traders and stockbrokers monitored market fluctuations. The focus remains on how geopolitical tensions could affect energy prices and the broader economic outlook.
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