{"id":19420,"date":"2026-05-27T07:02:57","date_gmt":"2026-05-27T07:02:57","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/27\/asian-shares-are-mostly-higher-tracking-wall-streets-fresh-records-and-oil-prices-fall-ksat\/"},"modified":"2026-05-27T07:02:57","modified_gmt":"2026-05-27T07:02:57","slug":"asian-shares-are-mostly-higher-tracking-wall-streets-fresh-records-and-oil-prices-fall-ksat","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/27\/asian-shares-are-mostly-higher-tracking-wall-streets-fresh-records-and-oil-prices-fall-ksat\/","title":{"rendered":"Asian shares are mostly higher, tracking Wall Street&#039;s fresh records, and oil prices fall &#8211; KSAT"},"content":{"rendered":"<p>Elaine Kurtenbach<br \/>Associated Press<br \/>Published:\u00a0<time datetime=\"2026-05-27T03:31:24.000Z\">May 26, 2026 at 10:31 PM<\/time><br \/>Updated:\u00a0<time datetime=\"2026-05-27T06:55:09.000Z\">May 27, 2026 at 1:55 AM<\/time><br \/>Elaine Kurtenbach<br \/>Associated Press<br \/>Copyright 2026 The Associated Press. All rights reserved<br \/>A dealer stands near the screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo\/Lee Jin-man)<br \/>Asian shares were mostly higher on Wednesday and oil prices fell after the U.S. stock market rose to more records. <br \/>South Korea\u2019s Kospi jumped more than 2% and Taiwan\u2019s benchmark also surged as the boom in artificial intelligence drove heavy buying of computer chipmakers and other technology companies. <br \/>Recommended Videos<br \/>In Tokyo, the Nikkei 225 also initially was lifted by gains for tech-related shares but closed nearly unchanged at 64,999.41. It topped 66,000 earlier in the day. <br \/>Computer chip equipment maker Tokyo Electron&#8217;s shares rose 2.1% and testing equipment maker Advantest gained 4.1%. <br \/>The latest rally in tech shares followed a 19.3% advance for Micron Technology, which was the strongest force lifting the S&#038;P 500 on Tuesday after analysts at UBS led by Timothy Arcuri raised their 12-month price target for the stock to $1,625 from $535. Micron closed at $895.88. <br \/>The analysts are forecasting continued strength in demand for computer memory. Micron\u2019s stock has more than tripled so far this year and it has become the latest Big Tech company to top an overall value of $1 trillion, joining Nvidia, Apple and Microsoft, which have each blown past $3 trillion.<br \/>The rush to invest in AI has been pushing share prices in South Korea and Taiwan to records this year.<br \/>The Kospi in Seoul gained 2.3% to 8,228.70, as Samsung Electronics&#8217; shares gained 2.3%. <br \/>In Taiwan, the Taiex surged 1.7%. <br \/>Elsewhere in Asia, Hong Kong&#8217;s Hang Seng lost 1% to 25,350.20 and the Shanghai Composite index shed 1% to 4,104.34.<br \/>Australia&#8217;s S&#038;P\/ASX 200 picked up 0.7% to 8,717.70 and in India the Sensex was up 0.1%.<br \/>On Tuesday, U.S. stocks rose to records as the S&#038;P 500 climbed 0.6% to 7,519.12 after trading resumed following Monday\u2019s Memorial Day holiday. The Nasdaq composite rallied 1.2% to set its own record of 26,656.18, while the Dow Jones Industrial Average dipped 0.2% to 50,461.68.<br \/>U.S. stocks were catching up with <a href=\"https:\/\/apnews.com\/article\/stocks-markets-iran-trump-oil-0b569925695e498e6fd7ece7b183e085\">climbs for others around the world<\/a> the day before, when President Donald Trump said negotiations with Iran on ending the war were <a href=\"https:\/\/apnews.com\/article\/iran-united-states-deal-explainer-war-b1659232611edc10808612e30647c17d\">\u201cproceeding nicely.\u201d<\/a><br \/>\u201cIt looks like geopolitical tensions are no longer bothering investors as much as they did in previous weeks. Iran\u2019s explicit dissatisfaction regarding the progress in talks over its nuclear program \u2014 or even US strikes \u2014 didn\u2019t reverse hopes that the war will end soon,\u201d Ipek Ozkardeskaya of Swissquote said in a commentary.<br \/>But the situation remains unclear as fighting has <a href=\"https:\/\/apnews.com\/article\/iran-deal-trump-israel-abrams-01a13e9a63ece786a0a7fa4933dbf09b\">continued in the region<\/a>. Markets have rallied in the past on hopes for a swift end to the war only to see the conflict drag on. <br \/>Oil prices have been at the center of financial markets&#8217; action since the United States and Israel attacked Iran in late February. The ensuing war has closed the Strait of Hormuz and kept oil tankers pent up in the Persian Gulf instead of delivering crude to customers worldwide. That in turn has driven up oil\u2019s price and sent a wave of <a href=\"https:\/\/apnews.com\/article\/us-inflation-consumer-iran-war-3f11b7fdd20ea56d2f0895e5241af7b6\">painful inflation <\/a> around the world.<br \/>Hopes for a deal to improve the flow of oil helped lift stocks of companies with big fuel bills. United Airlines rose 6%, and Norwegian Cruise Line Holdings steamed 4.9% higher. <br \/>Still, U.S. households have been feeling discouraged about the economy because of accelerating inflation, and a report on Tuesday said <a href=\"https:\/\/apnews.com\/article\/confidence-inflation-economy-4f681cecfa63fe251f5bb12bb4b949c6\">consumer confidence edged downward <\/a> in May, though the number was not as bad as economists expected. It followed a report on Friday that said <a href=\"https:\/\/apnews.com\/article\/stocks-markets-oil-iran-bonds-20c93cae93453da1e1994e676c05e895\">sentiment among U.S. consumers hit its lowest level <\/a> on record. <br \/>Early Wednesday, the price for a barrel of Brent crude, the international standard, fell $1.68 to $94.99 a barrel. The price for a barrel of U.S crude oil fell $2 to $91.89. <br \/>Lower oil prices helped pull yields down in the U.S. bond market, which eased the pressure on Wall Street. The yield on the 10-year Treasury fell to 4.48% from 4.56% late Friday. <br \/>The U.S. dollar rose to 159.34 Japanese yen from 159.30 yen. The euro rose to $1.1644 from $1.1631.<br \/>Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.<br \/><a href=\"https:\/\/www.ksat.com\/account\/newsletters\/\" aria-label=\"Navigate to Email Newsletters\">Email Newsletters<\/a><br \/><a href=\"https:\/\/www.ksat.com\/rss\/\" aria-label=\"Navigate to KSAT RSS Feeds\">KSAT RSS Feeds<\/a><br \/><a href=\"https:\/\/www.ksat.com\/contests\/\" aria-label=\"Navigate to Contests and Rules\">Contests and Rules<\/a><br \/><a href=\"https:\/\/www.ksat.com\/contact\/\" aria-label=\"Navigate to Contact Us\">Contact Us<\/a><br \/><a href=\"https:\/\/www.ksat.com\/money\/2019\/11\/05\/internship-program\/\" aria-label=\"Navigate to KSAT Internships\">KSAT Internships<\/a><br \/><a href=\"https:\/\/www.ksat.com\/careers\/\" aria-label=\"Navigate to Careers at KSAT\">Careers at KSAT<\/a><br \/><a href=\"https:\/\/www.ksat.com\/community\/2019\/11\/06\/closed-captioning-contact-information\/\" aria-label=\"Navigate to Closed Captioning \/ Audio Description\">Closed Captioning \/ Audio Description<\/a><br \/><a href=\"https:\/\/publicfiles.fcc.gov\/tv-profile\/KSAT-TV\" aria-label=\"Navigate to Public File\">Public File<\/a><br \/><a href=\"https:\/\/www.ksat.com\/eeo-report\/\" aria-label=\"Navigate to Current EEO Report\">Current EEO Report<\/a><br \/><a href=\"https:\/\/www.ksat.com\/station\/2019\/11\/06\/terms-of-use\/\" aria-label=\"Navigate to Terms of Use\">Terms of Use<\/a><br \/><a href=\"https:\/\/www.ksat.com\/privacy\/\" aria-label=\"Navigate to Privacy Policy\">Privacy Policy<\/a><br \/><a href=\"\/usprivacy\/\" aria-label=\"Navigate to Do Not Sell My Info\">Do Not Sell My Info<\/a><br \/><a href=\"https:\/\/www.ksat.com\/station\/2020\/12\/22\/fcc-applications\/\" aria-label=\"Navigate to FCC Applications\">FCC Applications<\/a><br \/><button type=\"button\" style=\"appearance:none;border:none;background:none;color:inherit;padding:0;cursor:pointer\" aria-label=\"Open cookie preferences dialog\">Cookie Preferences<\/button><br \/><span>If you need help with the Public File, call<\/span> <a class=\"dist__Box-sc-1fnzlkn-0 dist__LinkBase-sc-1fnzlkn-9 iBLULw\" href=\"tel:+12103511200\" aria-label=\"(210) 351-1200\">(210) 351-1200<\/a><br \/><span>At KSAT, we are committed to informing and delighting our audience. In our commitment to covering our communities with innovation and excellence, we incorporate Artificial Intelligence (AI) technologies to enhance our news gathering, reporting, and presentation processes.<\/span> <a class=\"dist__Box-sc-1fnzlkn-0 dist__LinkBase-sc-1fnzlkn-9 iBLULw\" href=\"https:\/\/www.ksat.com\/station\/2024\/04\/18\/how-we-are-using-ai-at-graham-media-group\/\" aria-label=\"Read our article\">Read our article<\/a> <span>to see how we are using Artificial Intelligence.<\/span><br \/>Copyright \u00a9 2026 KSAT.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings.<\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMixwFBVV95cUxNR0pMdHFlc0IxMFdzdktYdEFqaUhUTHlmSWg5cV9sMHpyV09pWm9HVVVPXzJiNk8wYkZhR0hEUHI2eWp1b3B1VTQ2TjZnUWtkOGJCOE1IS3BuSmJObWFZUlVSbWdQbElBSGR4S1Vsei1zajlDbzB0eDZadDNfWUhGSHItZS1wVnc4dWQ0N3Q5OVhQLU1zaVRCaUY3cXRIcU8ta0tNakw5WlJyMjRXMzBNWG5KRzZIYVBWQXhELWVneVFhOC11Z2dV?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elaine KurtenbachAssociated PressPublished:\u00a0May 26, 2026 at 10:31 PMUpdated:\u00a0May 27, 2026 at 1:55 AMElaine KurtenbachAssociated PressCopyright 2026 The Associated Press. All rights reservedA dealer stands near the screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-19420","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/19420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=19420"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/19420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/19421"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=19420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=19420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=19420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}