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ABC News

May 4, 2026

World shares are mixed, with sharp gains for tech stocks, while oil prices bounce back
ABC Newsby ELAINE KURTENBACH AP business writer·May 4, 2026

World shares are mixed, with sharp gains for tech stocks, while oil prices bounce back

Political leancenterSource quality74/100Factual ratio83/100Framing0/100

Shares were mixed in Europe and Asia on Monday, with big gains for computer chipmakers and other tech stocks after Friday's rally on Wall Street. Oil prices rebounded and Brent crude climbed more than $2 a barrel as the U.S. launched an effort early Monday to guide ships out of the Strait of Hormuz. Iran rejected the plan but was reviewing the U.S. response to its latest proposal to end the war, Iran’s judiciary Mizan news agency cited Foreign Ministry spokesman Esmail Baghaei saying Sunday.The price of a barrel of U.S. benchmark crude was up $1.80 at $103.73 a barrel. Brent crude, the international standard, jumped $2.23 to $110.40 a barrel. The future for the S&P 500 was nearly unchanged, while that for the Dow Jones Industrial Average shed 0.3%.Germany's DAX edged 0.1% higher to 24,303.77, while the CAC 40 in Paris declined 0.5% to 8,072.91. Markets in Britain were closed for a holiday. In Asian trading, Hong Kong’s Hang Seng jumped 1.2% to 26,095.88.Markets in mainland China and Japan were closed for “Golden Week” holidays.Australia’s S&P/ASX 200 slipped 0.4% to 8,697.10.Strong buying of tech stocks pushed shares in South Korea sharply higher, as the Kospi gained 5.1% to 6,936.99.

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Lean: 0.000 · Source quality 74/100 · Factual vs opinion 83/100.

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  • World shares are mixed, with sharp gains for tech stocks, while oil prices bounce back

    ABC News · 11h

  • World shares are mixed and oil climbs as US tries to guide ships from the Strait of Hormuz | AP News

    Associated Press · 11h

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Score signature

Political lean

Political leancenterSource quality74/100Factual ratio
83/100
Framing0/100

Methodology

v2-canonical
100
Source diversity
across 2 outlets
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