World shares mostly advance as tech stocks rebound from sell-offs, while oil prices slip

Bloomberg06-09 18:07

World shares were mostly higher on Tuesday, with tech shares leading gains after Wall Street recovered some of its sell-off from last week. Oil prices fell back after surging on Monday as fighting ...

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Oil prices fell back after surging on Monday as fighting ...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/markets/2026/06/09/world-shares-mostly-advance-as-tech-stocks-rebound-from-sell-offs-while-oil-prices-slip/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>World shares mostly advance as tech stocks rebound from sell-offs, while oil prices slip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWorld shares mostly advance as tech stocks rebound from sell-offs, while oil prices slip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-09 18:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/markets/2026/06/09/world-shares-mostly-advance-as-tech-stocks-rebound-from-sell-offs-while-oil-prices-slip/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>World shares were mostly higher on Tuesday, with tech shares leading gains after Wall Street recovered some of its sell-off from last week. 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SK Hynix, which on Monday announced plans to partner with Nvidia in building data centers, jumped 15.9 per cent. Samsung Electronics vaulted up 9 per cent. In early European trading, Germany’s DAX picked up 0.3 per cent to 24,694.50, while the CAC 40 in Paris gained 0.6 per cent to 8,252.40. Britain’s FTSE 100 shed 0.3 per cent to 10,346.09.The future for the S&P 500 added 0.3 per cent, while that for the Dow Jones Industrial Average was up less than 0.1 per cent. In other Asian trading, Tokyo’s Nikkei 225 gained 2.2 per cent to 65,416.63. Computer chip equipment maker Tokyo Electron gained 8.9 per cent and other technology stocks were among the biggest gainers. Taiwan’s Taiex advanced 2.8 per cent on gains for tech companies like computer chip giant TSMC.Hong Kong’s Hang Seng lost 0.4 per cent to 24,565.90 and the Shanghai Composite index added 1.3 per cent to 4,010.03.The S&P/ASX 200 lost 0.2 per cent to 8,604.20.On Wall Street on Monday, the S&P 500 added 0.3 per cent, coming off a 2.6 per cent drop Friday that was its worst since October. It closed at 7,405.73. The Dow Jones Industrial Average dipped 0.2 per cent, and the Nasdaq composite climbed 0.9 per cent. Some of the best performers were companies that sell computer chips, memory and other AI-related products that had plunged on worries their prices have shot too high.Micron Technology rose 9.9 per cent after sliding 13.3 per cent Friday for the largest loss in the S&P 500. That resumed a run where its stock has more than tripled so far in 2026.Marvell Technology climbed 9.6 per cent in its first trading after S&P Dow Jones Indices said the semiconductor company’s stock has grown enough to join its widely followed S&P 500 index. Marvell’s stock has also more than tripled so far this year, aided by a 32.5 per cent surge in one day last week. That was its best day since it began trading in 2000, and it came after Nvidia’s CEO, Jensen Huang, suggested at a conference in Taiwan that Marvell could be “the next trillion-dollar company.”That such a comment could add billions of dollars to a company’s value in an instant suggests to critics that AI stocks are running too hot. A widely followed index of semiconductor stocks surged nearly 85 per cent for the year so far through Thursday, for example.Early Tuesday, oil prices fell back from Monday’s gains. The price for a barrel of Brent crude oil, the international standard, fell US$1.25 to $93.00 per barrel. It had briefly topped $98 overnight.U.S. benchmark crude shed $1.54 to $89.76 per barrel. High oil prices caused by the war with Iran have already sent inflation higher, which increases not only bills for households but also yields in the bond market. High yields worldwide recently have threatened to slow economies and undercut prices for stocks and all kinds of other investments. In currency trading, the dollar rose to 160.20 Japanese yen from 160.17 yen. 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