Oil prices up, Asian shares slip after tech rally on Wall St Fintech Zoom World Finance


Source: fintechzoom.com fintechzoom.com

Key Topics in this News Article:

News Snapshot:

Shares fell Tuesday in Asia and oil prices advanced after a tech-driven rally on Wall Street. Trading was light with many regional markets including those in China closed for holidays. Tokyo’s Nikkei 225 index edged 0.1% lower to 27,705.25 and the Kospi in Seoul also fell 0.1%, to 2,755.36. The S&P/ASX 200 gained 0.7% to 7,565.80. Malaysia fell while Singapore gained. Russia’s invasion of Ukraine has elevated concerns about rising inflation and the impact on global economic growth. Prices for everything from food to clothing were already rising and the war has added to volatility for energy prices. The World...