Reported about 8 hours ago
Asian shares experienced a slight decline as crude oil prices surged after President Trump announced sanctions against Russian oil companies Rosneft and Lukoil in an effort to persuade Russia to negotiate regarding Ukraine. While Wall Street showed mixed results ahead of the trading day, crude prices jumped over 5%. Elsewhere, U.S. tech stocks faced challenges, with Tesla reporting a significant earnings drop and IBM's stock sliding despite beating forecasted targets. In Europe, markets had mixed performances, while Chinese shares rebounded slightly as Communist Party meetings concluded.
Source: YAHOO