Asian shares are mixed and US futures advance, while oil prices retreat
HONG KONG — Asian shares were mixed and oil prices retreated Monday, falling sharply on renewed hopes for progress in diplomatic efforts between the U.S. and Iran.
TL;DR
- Asian shares were mixed.
- Oil prices retreated sharply.
- Hopes for diplomatic progress between the U.S. and Iran contributed to the oil price drop.
- U.S. futures advanced.
- U.S. stocks fell Friday, their worst day since June.
- Investors sold off technology- and artificial intelligence-related stocks.