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Stock impact report

Global shares decline as oil prices soar amid fears about escalation in Iran [Globe and Mail, The (Toronto, Canada)]

Morningstar, Inc. (MORN) 
with Iran , but shares rose moderately in Europe in early trading. U.S. futures were also higher. France's CAC 40 edged up 0.2% in early trading to 7,716.30, while Germany's DAX added 0.1% to 22,344.39. Britain's FTSE 100 added 0.8% to 10,041.91. U.S. shares were set to drift higher with Dow futures gaining 0.4% to 45,625.00, while the S&P 500 futures rose 0.5% to 6,445.00. Wall Street finished last Friday with deep declines, for a fifth straight losing week , its longest such streak in nearly four years. Japan's benchmark Nikkei 225 slipped 2.8% to finish at 51,885.85. Australia's S&P/ASX 200 lost 0.7% to 8,461.00. South Korea's Kospi dove 3.0% to 5,277.30. Hong Kong's Hang Seng lost 0.8% to 24,750.79, while the Shanghai Composite reversed course in the afternoon and was up 0.2% at 3,923.29. Worries have been great in Japan and the rest of Asia about the effective lack of access to the Strait of Hormuz because of the war in Iran, as the region relies greatly on such access fo Show less Read more
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