Asian shares are mostly declining, as worries continue about soaring oil prices and the potential for further escalation in the U.S. war with Iran.
St. Augustine to replace downtown parking kiosks with cashless touchscreens this week‘We had a lot of dreams’: Loved ones of Jacksonville man killed in apartment shooting ask for answers, community support Read full article: ‘We had a lot of dreams’: Loved ones of Jacksonville man killed in apartment shooting ask for answers, community support‘Just a fine young man’: Loved ones say farewell to 23-year-old JFRD engineer who died in crash Read full article: ‘Just a fine young man’: Loved ones say farewell to 23-year-old JFRD engineer who died in crashDealers work near the screens showing the Korea Composite Stock Price Index , right, and the foreign exchange rate between U.
S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. Dealers work near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. A dealer walks near the screens showing the Korea Composite Stock Price Index , the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. Workers walk in an area at a degassing station in Zubair oil field, whose operations have being reduced due to the Mideast war triggered by the U.S. and Israeli attacks on Iran, near Basra, Iraq, Saturday, March 28, 2026. Dealers work near the screens showing the Korea Composite Stock Price Index , right, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. – Asian shares mostly dipped in Monday morning trading as worries continued about soaring oil prices and the potential for further escalation inJapan's benchmark Nikkei 225 slipped 4.5% in morning trading to 50,979.54. Australia's S&P/ASX 200 lost 1.2% to 8,417.00. South Korea's Kospi dove 3.2% to 5,264.32. Hong Kong's Hang Seng lost 1.7% to 24,519.63, while the Shanghai Composite shed 0.7% to 3,884.57.In energy trading, benchmark U.S. crude jumped $2.28 to $101.92 a barrel. Brent crude, the international standard, soared $2.88 to $115.45 a barrel. Before the war, brent had been price at about $70 to a barrel. Investors are now bracing for the war to last for some time, which would likely set off inflation in global markets, and eventually may stunt Asia's economic growth. “Although we do not expect the conflict to be protracted, we anticipate heightened volatility in the near term,” said Xavier Lee, senior equity analyst at Morningstar Research. Oil prices are again climbing after momentarily easing when President Donald Trump extended a self-imposed deadline to “obliterate” Iran’s power plants to April 6.began. The Dow Jones Industrial Average lost 793 points, or 1.7%, and fell more than 10% from its record set last month, while the Nasdaq composite sank 2.1%. The S&P 500 is 8.7% below its all-time high set in January. Big Tech stocks were among the heaviest weights on the market, including Amazon and Nvidia. All told, the S&P 500 fell 108.31 points to 6,368.85 last Friday. The Dow Jones Industrial Average dropped 793.47 to 45,166.64, and the Nasdaq composite sank 459.72 to 20,948.36. In the bond market, the yield for the 10-year Treasury rose as high as 4.48% before pulling back to end last week at 4.43%. That’s up from 4.42% late Thursday and from just 3.97% before the war began. In currency trading, the U.S. dollar inched down to 159.97 Japanese yen from 160.32 yen. The euro cost $1.1505, down from $1.1510.Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.St. Augustine replacing downtown parking kiosks with cashless touchscreensHundreds participate in Jacksonville ‘No Kings’ rally against Trump administrationFlagler College students protest housing policy as seniors cite affordability, availability concernsGAME DAY ⚾🦐 The defending Triple-A National Champion Jacksonville Jumbo Shrimp returnShould an HOA or property management company be required to post parking rules for visitors?Fights erupt at Palatka Junior-Senior High after field trip focused on mental healthMother of teen punched during arrest says officer went too far⚾️ Opening Day + perfect weather=the ultimate Friday night in JaxStudy finds most ‘Mayport Shrimp’ dishes served in Jacksonville area are actually importedNew ‘larger format’ Publix store in SilverLeaf features wine bar, expanded deli menu, custom pizzasFamily of A’hmari Robinson shares stories at candlelight vigil days after his deathGetting ready for the next GROW ROUND! Tower Garden maintenance...
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