U.S. Futures Decline, Oil Rises as Trump Departs Beijing; Global Markets Turn Defensive
Global financial markets turned defensive on May 15, 2026, with U.S. futures retreating and oil prices rising amid concerns over geopolitical tensions in the Strait of Hormuz following comments by President Donald Trump. Asian equities fell sharply led by South Korea's KOSPI index dropping 6.1%, while semiconductor stocks like Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) declined significantly.
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Topics: geopolitical tensions oil prices semiconductors stock markets