{"id":138398,"date":"2026-07-10T03:36:40","date_gmt":"2026-07-10T09:36:40","guid":{"rendered":"https:\/\/www.durangoherald.com\/tj\/world-shares-mostly-climb-and-oil-prices-slip-as-traders-monitor-iran-war-developments\/"},"modified":"2026-07-10T03:36:40","modified_gmt":"2026-07-10T09:36:40","slug":"world-shares-mostly-climb-and-oil-prices-slip-as-traders-monitor-iran-war-developments","status":"publish","type":"post","link":"https:\/\/www.durangoherald.com\/tj\/world-shares-mostly-climb-and-oil-prices-slip-as-traders-monitor-iran-war-developments\/","title":{"rendered":"World shares mostly climb and oil prices slip as traders monitor Iran war developments"},"content":{"rendered":"

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A member of media stands near the screen showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Friday, July 10, 2026. (AP Photo\/Lee Jin-man)<\/span>(AP Photo\/Lee Jin-man)<\/span><\/figcaption><\/figure>\n

HONG KONG (AP) \u2014 World shares mostly advanced Friday, helped by buying of technology-related shares, while oil prices slipped as traders watched for developments in the Iran war<\/a>.<\/p>\n

Tensions between Iran and the U.S. have escalated after President Donald Trump said the Iran war ceasefire agreement was \u201cover\u201d and as the United States and Iran exchanged attacks<\/a>.<\/p>\n

In early European trading, Britain’s FTSE 100 edged up 0.1% to 10,478.98. France’s CAC 40 slipped 0.1% to 8,322.31, while Germany’s DAX also gave up 0.1% to 25,082.58.<\/p>\n

The future for the S&P 500 edged 0.1% lower while that for the Dow Jones Industrial Average gained 0.1%.<\/p>\n

In Asian trading, South Korea\u2019s Kospi gained 2.5% to 7,475.94, recovering some of its losses from earlier in the week. Shares in memory chipmaker SK Hynix, whose debut on the Nasdaq in New York is set for Friday, fell 0.3% in Seoul.<\/p>\n

Tokyo\u2019s Nikkei 225 rose 1.2% to 68,557.73. SoftBank Group, a key investor in OpenAI, jumped 10.7%, while chip equipment maker Tokyo Electron added 2.7%.<\/p>\n

Hong Kong\u2019s Hang Seng gained 0.6% to 24,175.12 and the Shanghai Composite index fell 1% to 3,996.16.<\/p>\n

Australia\u2019s S&P\/ASX 200 gained 0.5% to 8,806.00.<\/p>\n

India\u2019s Sensex added 1.2%.<\/p>\n

Oil prices yo-yoed again on Friday as global oil supplies remained under pressure due to a limited numbers of vessels able to cross the Strait of Hormuz<\/a>, a crucial waterway for energy transport.<\/p>\n

Brent crude, the international standard, fell 0.5% to $75.94 per barrel. It was trading near $72 a barrel before the war began in late February.<\/p>\n

Benchmark U.S. crude shed 0.5% to $71.71 a barrel.<\/p>\n

On Thursday, Wall Street\u2019s benchmark S&P 500 index rose 0.8% and the Dow picked up 0.3%. The technology-heavy Nasdaq composite climbed 1.3% to 26,206.89.<\/p>\n

Semiconductors stocks led gains. Micron Technology jumped 4.5% after the memory chipmaker said it would increase its U.S. investments, citing \u201csurging demand for memory in the AI era.\u201d<\/p>\n

Shares of AMD, or Advanced Micro Devices, surged 5.7%. Marvell Technology rose 5%, while ON Semiconductor added 4.4%.<\/p>\n

In other dealings early Friday, the U.S. dollar fell to 161.71 Japanese yen from 162.37 yen. The euro was trading at $1.1432, up from $1.1430.<\/p>\n

The yen gained against the dollar after Finance Minister Satsuki Katayama told a parliamentary committee that the government plans to encourage big pension funds to invest more in domestic, yen-denominated assets.<\/p>\n

\"A
A dealer walks past near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Friday, July 10, 2026. (AP Photo\/Lee Jin-man)<\/span>(AP Photo\/Lee Jin-man)<\/span><\/figcaption><\/figure>\n
\"A
A member of media stands near the screen showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Friday, July 10, 2026. (AP Photo\/Lee Jin-man)<\/span>(AP Photo\/Lee Jin-man)<\/span><\/figcaption><\/figure>\n
\"A
A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Friday, July 10, 2026. (AP Photo\/Lee Jin-man)<\/span>(AP Photo\/Lee Jin-man)<\/span><\/figcaption><\/figure>\n
\"A
A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Friday, July 10, 2026. (AP Photo\/Lee Jin-man)<\/span>(AP Photo\/Lee Jin-man)<\/span><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

A member of media stands near the screen showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Friday, July 10, 2026. (AP Photo\/Lee Jin-man)(AP Photo\/Lee Jin-man) HONG KONG (AP) \u2014 World shares mostly advanced Friday, helped by buying of technology-related shares, while oil prices slipped […]<\/p>\n","protected":false},"author":1,"featured_media":138399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5734],"tags":[],"naviga_topic":[],"class_list":["post-138398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-associated-press"],"acf":[],"author_name":"Website Administrator","_links":{"self":[{"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/138398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=138398"}],"version-history":[{"count":0,"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/138398\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/media\/138399"}],"wp:attachment":[{"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=138398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=138398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=138398"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/www.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=138398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}