💨 Abstract

On Monday, Asian shares fell and oil prices surged due to escalating trade tensions and the Russian-Ukraine conflict. Hong Kong's Hang Seng dropped 2.2%, while Tokyo's Nikkei 225 lost 1.6%. President Donald Trump's move to double tariffs on steel and aluminum added to investor worries. In the U.S., the S&P 500 ended slightly lower, with Nvidia contributing to the decline.

Courtesy: WTOP Staff