Asian shares trade mixed and Kospi falls nearly 4% as oil prices keep swinging

AP News
2026.05.19 03:25
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Asian shares showed mixed results, with South Korea's Kospi falling nearly 4% amid fluctuating oil prices due to the Iran war. Japan's Nikkei 225 dropped 0.6%, while Australia's S&P/ASX 200 gained 0.9%. Oil prices declined, with U.S. crude at $103.02 and Brent at $110.11. Investors are awaiting Nvidia's quarterly results, as well as reports from Target, Home Depot, and Walmart this week.