Claims extracted
22
sentences that state something as happening or true
Uncertain
5%
1 of 22 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Toronto Star's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
TOKYO (AP) — Asian shares were trading mixed Monday after a cooldown in oil prices last week helped U.S. stocks close out their first winning week in the last three.
Japan’s benchmark Nikkei 225 was little changed, inching down less than 0.1% to 66,333.53.
asserted
stocks → trade → 66,333.53
Australia’s S&P/ASX 200 added 0.3% to 8,688.60.
asserted
S&P → add → 8,688.60
South Korea’s Kospi dipped 2.3% to 6,916.30.
asserted
Kospi → dip → 6,916.30
Hong Kong’s Hang Seng rose 0.7% to 24,684.09, while the Shanghai Composite lost 1.7% to 3,820.82.
asserted
Composite → rise → 3,820.82
In energy trading, benchmark U.S. crude gained 1% to $93.33 a barrel.
asserted
crude → gain → 93.33
Brent crude, the international standard, rose 1.8% to $106.19 a barrel.
asserted
crude → rise → 106.19
Last week, Brent oil had momentarily dropped to $97-levels.
asserted
oil → drop → levels
The price is volatile because of uncertainty about when the war with Iran will allow oil to flow freely again from the Middle East, including access to the Strait of Hormuz.
asserted
oil → allow → Hormuz
On Wall Street, the S&P 500 added 0.5% to break a three-day losing streak marked by big swings due to rising yields in the bond market.
asserted
S&P → add → market
The Dow Jones Industrial Average added 478 points, or 0.9%, and the Nasdaq composite climbed 0.5%.
asserted
composite → add → points
Weighing on Wall Street last week were rising expectations for high inflation in the U.S.
asserted
expectations → weigh → U.S.
That’s potentially dangerous for the economy because they could encourage behavior that leads to a vicious cycle that makes the cost of living spiral even higher.
uncertain
cost → ’ → living
The yield on the 10-year Treasury briefly jumped to 5.22% last Friday, up from 5.18% late Thursday, and was near its highest level since 2007.
asserted
yield → jump → 2007
High yields slow the economy by making it more expensive for everyone to borrow money, while undercutting prices for stocks and other investments.
asserted
everyone → slow → stocks
The 10-year yield has been jumping since the start of the war with Iran, when it was at 3.97%.
asserted
it → jump → %
But yields eased later in trading on Friday as the price of oil pulled lower, and the 10-year yield fell back to 5.15%.
asserted
yield → ease → %
That helped stocks on Wall Street regain strength.
asserted
stocks → help → strength
All told, the S&P 500 rose 39.28 points to 7,743.41.
asserted
S&P → tell → 7,743.41
The Dow Jones Industrial Average jumped 478.64 to 51,828.62, and the Nasdaq composite gained 129.34 to 27,068.72.
asserted
composite → jump → 27,068.72
In currency trading in Monday’s trading in Asia, the U.S. dollar rose to 157.76 Japanese yen from 157.19 yen.
asserted
dollar → rise → yen
The euro cost $1.1392, little changed from $1.1393.
asserted
euro → cost → 1.1393
__
AP Business Writer Stan Choe contributed to this report.
asserted
Choe → contribute → report