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

Oil prices surge as Iran conflict flares, while global stocks skid on selling of tech shares

TOKYO (AP) — Global shares sank on Monday after Wall Street ended last week with its worst day since October, while oil prices jumped more than $4 as fighting flared between Israel and Iran.

South Korea's Kospi led the global retreat, plunging 8.3% on heavy selling of technology shares and extending losses that on Friday gave the S&P 500 its biggest single day drop in months.

The future for the S&P 500 was up 0.2%, while that for the Dow Jones Industrial Average lost 0.3%.

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.