Asian Stocks Fall -- WSJ

Dow Jones03-23

By Ronnie Harui

Asian equities fell Monday as continued hostilities in the Middle East stoke fears that a drawn-out war could cause an inflationary shock and force central banks worldwide to raise interest rates.

Japan's Nikkei Stock Average dropped 4.1%, South Korea's Kospi shed 5.5%, and Singapore's FTSE Straits Times Index lost 1.9%. Markets are increasingly worried that lasting disruption in the Strait of Hormuz, a key shipping lane for the world's oil and gas supplies, could spill over to other commodities, affecting industries from agriculture to aviation.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

March 22, 2026 23:09 ET (03:09 GMT)

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