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The Economic Times

Business

Global Market Today: Asian stocks dip at open as oil edges higher

Oil United States SpaceX Iran JD Vance

Asian stocks opened lower as oil edged higher, with investors continuing to watch developments in US-Iran peace talks.

MSCI Inc.’s gauge of regional shares fell as much as 0.2% in early trading. S&P 500 futures also edged lower after a slide in megacap tech stocks and rising bond yields dragged the benchmark down 0.4% Monday. SpaceX shares slipped for a third straight day, shedding hundreds of billions of dollars in value. Brent crude prices rose slightly to trade above $78 a barrel.

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