{"id":342490,"date":"2026-03-04T21:31:54","date_gmt":"2026-03-05T02:31:54","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/asian-shares-jump-after-us-stocks-rebound-as-oil-prices-stop-spiking"},"modified":"2026-03-04T21:31:57","modified_gmt":"2026-03-05T02:31:57","slug":"asian-shares-jump-after-us-stocks-rebound-as-oil-prices-stop-spiking","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/asian-shares-jump-after-us-stocks-rebound-as-oil-prices-stop-spiking","title":{"rendered":"Asian shares bounce after US shares rebound as oil costs cease spiking"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \"><span class=\"oyrPY qlwaB AGxeB \">BANGKOK &#8212; <\/span>Shares opened sharply higher in Asia on Thursday after a rebound on Wall Street, as South Korea\u2019s Kospi took back the 12% it had shed a day earlier. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In Tokyo, the Nikkei 225 jumped 4.3%, to 56,600.44. The Kospi was at 5,702.02 and trading was suspended after the benchmark shot up shortly after the open. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Australia&#8217;s S<!-- -->&amp;<!-- -->P\/ASX 200 picked up 0.3% to 8,927.20, while New Zealand&#8217;s benchmark rose 0.9%. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">However, U.S. futures were little changed, with the contract for the Dow Jones Industrial Average nearly flat while that for the S<!-- -->&amp;<!-- -->P 500 edged 0.2% higher. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">U.S. stocks rebounded after oil prices stopped spiking and reports gave encouraging updates on the American economy. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The S<!-- -->&amp;<!-- -->P 500 rose 0.8% Wednesday and erased much of its losses since the war with Iran began. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite climbed 1.3%. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Uncertainty about the war in the Middle East has rattled financial markets this week, with most taking their cues from what the price of oil is doing. <\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Oil prices moderated throughout Wednesday.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">After briefly topping $84, the price for a barrel of Brent crude, the international standard, settled at $81.40, back to where it was a day earlier. A barrel of benchmark U.S. crude rose 0.1% to $74.66.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">However, oil resumed its upward climb early Thursday, gaining 2.4% to $83.32 per barrel. U.S. benchmark crude jumped 2.5% to $76.53 per barrel. <\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/abcnews.com\/US\/wireStory\/asian-shares-jump-after-us-stocks-rebound-oil-130774422\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BANGKOK &#8212; Shares opened sharply higher in Asia on Thursday after a rebound on Wall Street, as South Korea\u2019s Kospi took back the 12% it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":342493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2774,1860,7072,3786,7074,20204,5207,19676,20203,3458,1341],"class_list":["post-342490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-asia","tag-australia","tag-industrial-common","tag-iran","tag-korea-se-kospi-index","tag-nikkei-225-index","tag-oil","tag-oil-costs","tag-sp-asx-200","tag-south-korea","tag-tokyo"],"_links":{"self":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/342490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/comments?post=342490"}],"version-history":[{"count":2,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/342490\/revisions"}],"predecessor-version":[{"id":342492,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/342490\/revisions\/342492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media\/342493"}],"wp:attachment":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media?parent=342490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/categories?post=342490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/tags?post=342490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}