Asian shares slip following a retreat on Wall St, while oil prices also decline
Shares are mostly lower in Asia after a retreat on Wall Street, while oil prices have fallen more than 1%. U.S. futures crept higher. Analysts said investors were bracing for earnings reports of big companies and central bank decisions that could shake markets. On Friday, the S&P 500 lost 0.5% and the Dow Jones Industrial Average gave back 1.2%. The Nasdaq composite slipped 0.2%. Early Monday, the price of Brent crude oil, the international standard, was down 1.3% to just above $110 a barrel.
On Friday, it jumped 3% to surpass $116 a barrel, its highest level since June 2022.
Read in depth: Business
Volkswagen reports €5.8 billion third-quarter loss as Porsche charge and China slump weigh
The German carmaker's July-to-September loss widened sharply from a year earlier, with a large Porsche writedown and falling deliveries in China adding to pressure on its results.
World Bank forecasts 23% commodity price rise as energy and shipping shocks mount
The bank projects higher energy, metals and food prices in 2026, with further risks from conflict, disrupted grain shipments and El Niño.
Sources and context
ApnewsSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-26. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.