Asian shares rose on Thursday, driven by gains in the technology sector, particularly in Japan and South Korea, following positive earnings reports from U.S. companies like Qualcomm and Micron Technology. Meanwhile, oil prices decreased by over $1, nearing levels seen before the onset of the war with Iran. Qualcomm's stock experienced a 12% increase in after-hours trading after announcing a raise in its earnings forecast.
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Asian shares experienced mixed trading on June 23, 2026, as caution prevailed due to ongoing uncertainty regarding the war in Iran. Japan's Nikkei 225 index fell by 0.9% to 71,681.29, reflecting a cooling off after a period of strong market performance. Neil Newman, Managing Director at Astris Advisory Japan, noted that the market had previously risen by about 12.5% over eight days before this decline.
AP Top News·June 23, 2026 at 6:23 AMAsian stocks showed mixed results on June 24, 2026, following a significant sell-off in major technology stocks across Asia and Wall Street. U.S. stock futures also reflected mixed trading as global investors kept an eye on market developments in Japan and South Korea, which have recently experienced substantial gains.
AP Top News·June 24, 2026 at 6:23 AMGlobal oil prices have stabilized around $75 as markets shift from concerns about potential supply shortages to worries about oversupply. Analysts caution that geopolitical risks may continue to keep oil prices elevated, particularly in light of ongoing developments related to a peace deal with Iran.
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According to Al Jazeera, ships have resumed movement through the Strait of Hormuz, leading to a decrease in oil prices. However, it may take longer for consumers to experience relief from the effects of the crisis.
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