Asian shares wobble after Wall Street rally amid Iran tensions
Asian shares wobble after Wall Street rally amid Iran tensions
Markets in Asia drift as a record Wall Street rally clashes with surging oil prices and an unresolved Iran-US deadlock.
Asian shares traded mixed on Thursday as investors tried to balance optimism from a record rally on Wall Street with nagging worries about surging oil prices and an inflated AI boom.
Oil prices climbed again, adding pressure on regional markets and raising concerns about higher costs for manufacturers and consumers.
The Iran-US deadlock has kept the prospect of energy supply disruption on traders' radar, contributing to the cautious mood across Asia.
Even as some growth-heavy stocks show resilience, analysts caution that the rally elsewhere does not guarantee gains here, underscoring the tug-of-war between growth hopes and price pressures.
Investors say the coming days will hinge on headlines from policymakers and any clarity on Iran talks and energy policy.
