HONG KONG (AP) \u2014 World shares mostly advanced Friday, helped by buying of technology-related shares, while oil prices slipped as traders watched for developments in the Iran war.<\/p>\n
Tensions between Iran and the U.S. have escalated after President Donald Trump said the Iran war ceasefire agreement was \u201cover\u201d and as the United States and Iran exchanged attacks.<\/p>\n
In early European trading, Britain’s FTSE 100 edged up 0.1% to 10,478.98. France’s CAC 40 slipped 0.1% to 8,322.31, while Germany’s DAX also gave up 0.1% to 25,082.58.<\/p>\n
The future for the S&P 500 edged 0.1% lower while that for the Dow Jones Industrial Average gained 0.1%.<\/p>\n
In Asian trading, South Korea\u2019s Kospi gained 2.5% to 7,475.94, recovering some of its losses from earlier in the week. Shares in memory chipmaker SK Hynix, whose debut on the Nasdaq in New York is set for Friday, fell 0.3% in Seoul.<\/p>\n
Tokyo\u2019s Nikkei 225 rose 1.2% to 68,557.73. SoftBank Group, a key investor in OpenAI, jumped 10.7%, while chip equipment maker Tokyo Electron added 2.7%.<\/p>\n
Hong Kong\u2019s Hang Seng gained 0.6% to 24,175.12 and the Shanghai Composite index fell 1% to 3,996.16.<\/p>\n
Australia\u2019s S&P\/ASX 200 gained 0.5% to 8,806.00.<\/p>\n
India\u2019s Sensex added 1.2%.<\/p>\n
Oil prices yo-yoed again on Friday as global oil supplies remained under pressure due to a limited numbers of vessels able to cross the Strait of Hormuz, a crucial waterway for energy transport.<\/p>\n
Brent crude, the international standard, fell 0.5% to $75.94 per barrel. It was trading near $72 a barrel before the war began in late February.<\/p>\n
Benchmark U.S. crude shed 0.5% to $71.71 a barrel.<\/p>\n
On Thursday, Wall Street\u2019s benchmark S&P 500 index rose 0.8% and the Dow picked up 0.3%. The technology-heavy Nasdaq composite climbed 1.3% to 26,206.89.<\/p>\n
Semiconductors stocks led gains. Micron Technology jumped 4.5% after the memory chipmaker said it would increase its U.S. investments, citing \u201csurging demand for memory in the AI era.\u201d<\/p>\n
Shares of AMD, or Advanced Micro Devices, surged 5.7%. Marvell Technology rose 5%, while ON Semiconductor added 4.4%.<\/p>\n
In other dealings early Friday, the U.S. dollar fell to 161.71 Japanese yen from 162.37 yen. The euro was trading at $1.1432, up from $1.1430.<\/p>\n
The yen gained against the dollar after Finance Minister Satsuki Katayama told a parliamentary committee that the government plans to encourage big pension funds to invest more in domestic, yen-denominated assets.<\/p>\n","protected":false},"excerpt":{"rendered":"HONG KONG (AP) \u2014 World shares mostly advanced Friday, helped by buying of technology-related shares, while oil prices…\n","protected":false},"author":2,"featured_media":368092,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[145,31231,23681,59373,84874,59371,84875,59372,88248,61262,82,84,83,130397],"class_list":["post-368091","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-antonio","tag-donald-trump","tag-iran","tag-package-100024-ap-online","tag-package-100373-mc-complete-state-national","tag-product-30597-ap-business-news-f-wire","tag-product-30598-ap-national-news-report-a-wire","tag-product-31995-ap-online-general-financial-business-news","tag-product-31998-ap-online-national-news","tag-product-32003-ap-online-stock-market-reports","tag-product-46986-ap-online-top-stories","tag-san-antonio","tag-san-antonio-headlines","tag-san-antonio-news","tag-stocks-market-iran-war-ai-oil"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/368091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=368091"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/368091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/368092"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=368091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=368091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=368091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}