+34
European shares have fallen back after rebounds in Asia and on Wall Street.
in the Indian Ocean and a religious leader called for “Trump’s blood,” while Israel said it had begun a “large-scale” attack on Tehran. In Germany, the DAX lost 0.5% to 24,087.63, while the CAC 40 in Paris lost 0.
6% to 8,118.25. Britain's FTSE 100 edged 0.2% lower, to 10,547.82. In Asian trading, South Korea’s Kospi took back much of its historic losses from a day earlier, jumping 9.6% to 5,583.90. It had gained as much as 12% earlier in the day as investors hunted bargains, triggering temporary trading halts. The government announced emergency measures for the economy after the benchmark fell by the most ever in a single day on Wednesday. President Lee Jae Myung urged officials to activate an emergency financial package worth 100 trillion won aimed at calming market volatility.In Hong Kong, the Hang Seng climbed 0.3% to 25,321.34 after Chinese Premier Li Qiang opened the annual session of thewith a report that set the annual target for economic growth this year at 4.5% to 5%. A draft budget put the increase in military spending at 7%, down from 7.2% in recent years. The government pledged to support the sluggish domestic economy and spur more consumer spending, but did not announce any major new stimulus.In Australia, the S&P/ASX 200 rose 0.4% to 8,940.30, while New Zealand's benchmark rose 0.6%.On Wednesday, U.S. stocks got a boost as oil prices steadied, albeit temporarily. A report that said growth for U.S. businesses in the real estate, finance and other services industries accelerated last month at the fastest pace since the summer of 2022 also helped. The S&P 500 rose 0.8%, erasing much of its losses since the war with Iran began. The Dow industrials added 0.5% and the Nasdaq composite climbed 1.3%. Another report suggested U.S. private sector employers stepped up hiring last month, a potentially hopeful signal for a more comprehensive U.S. government Friday about the overall job market. Investors are worried over how long the war with Iran could last, how high inflation may go because of more expensive oil and how much damage that might do to corporate profits. Wall Street also got a lift from Big Tech stocks as Amazon rose 3.9% and Nvidia added 1.7%. Because they’re among the biggest stocks in the U.S. market in terms of total value, their movements carry more weight on the S&P 500., whose job it is to keep the U.S. job market healthy and inflation low. The Fed’s job has become more difficult because of the jump in oil prices, which is pushing upward on already high inflation. In other dealings early Thursday, the U.S. dollar rose to 157.22 Japanese yen from 157.07 yen. The euro fell to $1.1596 from $1.1636. The dollar has advanced against other currencies partly because the U.S. is viewed as facing less risk from the war than other countries, analysts said.Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Yearslong drought could be the final straw for South Texas farmersFormer San Antonio Mayor Ron Nirenberg declares victory over Bexar County Judge Peter Sakai in Democratic primaryFormer San Antonio Mayor Ron Nirenberg declares victory over Bexar County Judge Peter Sakai in Democratic primaryMore than 95k election voters turn out in Bexar CountyJohn-Paul reports from polls closingKSAT's Erica Hernandez gives an update from the Bexar County District Attorney raceNew $185 million luxury Hemisfair hotel opens its doorsSome Northwest Side apartment residents spend 2 days without electricitySan Antonio blood donations needed after Austin mass shooting impacts inventoryWar in Middle East leaves San Antonio family trapped in IsraelFaith leaders finish 90-mile walk calling for release of children, parents in ICE custodySan Antonio Mayor Gina Ortiz Jones censured in historic firstSan Antonio's Animal Care Services is trying to track down a cat with a jar stuck on its headSan Antonio's Animal Care Services is trying to track down a cat with a jar stuck on its headDrone 12 captures video of new multimillion-dollar retail development on Northwest Side▶Mayor Gina Ortiz Jones proposes new commission to increase voter turnout in San AntonioSeguin is one of the fastest-growing cities in the U.SState Rep. Barbara Gervin-Hawkins plans to attend Feb 26 Judson ISD school board meetingNeighbor, police still haunted by unsolved murder of woman on East SideWhat you need to know before riding on a Waymo in San AntonioNew West Side thrift store supports at-risk shelter animalsHusband of Rep. Tony Gonzales’ former aide says focus is on the factsNeighbor calls for changes at NE Bexar County intersection where crash led to woman’s miscarriageNeighbor calls for changes at NE Bexar County intersection where crash led to woman’s miscarriage
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