World shares and U.S. futures have retreated after oil prices jumped more than 2%. European markets opened lower Thursday and benchmarks in Seoul and Hong Kong fell more than 3%. Tokyo's Nikkei 225 fell 2.7%. The price of Brent crude oil was hovering near $112 per barrel after Iran's state television reported that seven oil tankers caught fire after being targeted or striking naval mines in the Strait of Hormuz. On Wednesday, the S&P 500 added 0.6% and the Dow Jones Industrial Average added 0.7%

Brent crude rose 2.1% to $111.11 a barrel. Benchmarks in Seoul and Hong Kong each fell more than 3%.

U.S. stocks climbed following strong profit reports from SpaceX, Capital One Financial and other big companies. The S&P 500 added 0.6% Wednesday and pulled within 0.8% of its all-time high set earlier this month. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite climbed 1.1%. A much better profit report from SpaceX than analysts expected helped lift AI-related stocks, along with Elon Musk's other publicly traded company, Tesla. That made up for losses by Netflix and other sto

SpaceX swung back to a quarterly profit, more than doubling what Wall Street had expected. Its satellite communications and computing-power leasing businesses drove the gain.

Asian shares were mixed on Monday as technology stocks stayed volatile. U.S. equity futures edged higher ahead of another week of corporate earnings, while a recent selloff in tech shares from Asia to Wall Street kept markets under pressure amid growing doubts about the AI boom. Oil prices fell more than 1% after U.S. President Donald Trump waived sweeping sanctions on Russia, including on Russian energy. South Korea's Kospi gained 1.1% to 5,729.58, though it remains down more than 18% over the past month.

U.S. September CPI rose 3.7% year-on-year, above expectations, deepening a technology selloff that spread into Asia. South Korea's KOSPI plunged nearly 8% on Thursday, with Samsung Electronics and SK Hynix falling more than 11%. Japan's Nikkei 225 dropped 5%, as SoftBank Group, Tokyo Electron and other tech stocks broadly declined. U.S. equity index futures also moved lower.

U.S. stocks dropped to their worst day since July. The S&P 500 fell 1.1% Wednesday and had its fifth loss in the six days since setting its all-time high. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite sank 1.9%. A report showing inflation accelerated last month raised expectations on Wall Street that the Federal Reserve will raise interest rates. More expensive borrowing could slow the buildout of AI data centers, and AI stocks were the heaviest weights on the market. B

The first big batch of summertime profit reports from U.S. companies is making waves on Wall Street after topping analysts’ expectations, but many are canceling each other out. That’s leaving stock indexes relatively static and near their records on Tuesday. The S&P 500 was mostly unchanged and hovered below its all-time high set last week. The Dow Jones Industrial Average dipped 174 points, and the Nasdaq composite fell 0.1%. Those modest moves, though, masked some big swings happening undernea

U.S. stocks climbed on Tuesday, with the S&P 500 up 0.5% and positioned to finish above its August record. The Dow Jones Industrial Average gained 185 points and the Nasdaq composite rose 0.6% after setting a fresh all-time high a day earlier. Brent crude fell 2.3% to $97.97 a barrel, down from nearly $110 a few weeks ago, easing some inflation concerns.