Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
ELAINE KURTENBACH (AP Business Writer)

Asian shares retreat as US stocks halt their record-breaking rally, while oil prices fall back

Asian shares retreated on Thursday following declines on Wall Street that snapped a nine-day winning streak for the S&P 500.

Oil prices fell back after surging Wednesday as renewed fighting threatened the U.S.-Iran ceasefire.

Early Thursday in Asia, Brent crude was $1.17 lower at $96.64 per barrel, while benchmark U.S. crude oil shed $1.08 to $94.94 per barrel. Oil prices had climbed a day earlier after both the United States and Iran said they launched retaliations for earlier attacks or attempted ones.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.