Shares stumble, oil rises as investors fear

Asian stocks retreated broadly on Tuesday while oil prices rose as geopolitical risks rattled sentiment ahead of key results from AI bellwether companies.

The euro recouped some losses from the previous session that were spurred by escalating riots in France.



Crude prices resumed their climb as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs on Russian energy.



The spotlight is on corporate earnings, with investors seeking fresh evidence that consumers and the broader economy remain resilient.



The MSCI Asia ex-Japan index fell 1.14%, while Japan's Nikkei 225 dropped 0.98%. South Korea’s KOSPI tumbled 3.92%.



In early European trade, the pan-region Euro Stoxx 50 futures slipped 0.57%, German DAX futures dipped 0.33% and FTSE futures lost 0.47%.



US stock futures, the S&P 500 e-minis, rose 0.12% to 7,743.5.