Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in Gaza
Share prices have opened little changed after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip
By ELAINE KURTENBACH
Published - Oct 09, 2023, 01:36 AM ET
Last Updated - Oct 09, 2023, 02:48 AM EDT
BANGKOK (AP) — Share prices were mixed on Monday after the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip.
U.S. futures were lower and oil prices gained more than $3 a barrel.
Conflict in the Middle East often raises the specter of higher oil prices given the risk of disruptions to supplies.
“Disruptions or escalations in the region can have far-reaching implications for energy markets, global supply chains, and geopolitical dynamics,” Stephen Innes of SPI Asset Management said in a commentary.
