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BUSINESSJun 19 · 04:56 UTCWPLG LOCAL 10 MIAMIBy ELAINE KURTENBACH, Associated Press

Asian shares retreat in thin holiday trading after a tech-led rally on Wall St

Asian shares retreated amid thin holiday trading as investor sentiment weakened due to expectations of central bank rate hikes and a postponed U.S.-Iran nuclear talks. U.S. markets closed for Juneteenth, but tech-led gains on Wall Street limited earlier losses. The U.S.-Iran agreement to reopen the Strait of Hormuz boosted oil prices but failed to sustain market optimism.

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Nikkei 225topicS&P/ASX 200topicUS Federal ReserveorganizationUS-Iran dealtopicStrait of HormuzplaceIntelorganizationAppleorganizationNvidiaorganization
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