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Global shares trade mixed while the dollar hits a 40-year high against the yen
By Yuri Kageyama, Associated Press at KSAT 12 (ABC affiliate)
· July 1, 2026
· 2 min read
Global shares were mixed on Wednesday as uncertainty persisted over conflict in the Middle East and access to the crucial Strait of Hormuz despite an initial deal to end the U.S.-Iran war. France's CAC 40 declined 0.3% in early trading to 8,379.92, while the German DAX added 0.3% to 25,069.53. Br...
Key takeaway Global shares were mixed on Wednesday as uncertainty persisted over conflict in the Middle East and access to the crucial Strait of Hormuz despite an initial deal to end the U.
Why this matters in The San Antonio
San Antonio 's economy, heavily reliant on international trade and commerce, is likely to feel the ripple effects of the dollar's 40-year high against the yen. As the city continues to foster business relationships with Asian markets, fluctuations in currency exchange rates can impact local companies' export competitiveness and profitability. The uncertainty surrounding the conflict in the Middle East and access to the Strait of Hormuz may also lead to increased oil prices, affecting San Antonio's transportation and logistics industries. Furthermore, the city's growing tech sector, which includes companies involved in artificial intelligence, may be influenced by the recent volatility in AI stocks. As investors watch the market's reaction to these global events, San Antonio businesses and residents should be aware of the potential implications for the local economy and adjust their strategies accordingly. The city's economic development efforts may need to take into account these global trends to maintain competitiveness.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 1, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? Global shares were mixed on Wednesday as uncertainty persisted over conflict in the Middle East and access to the crucial Strait of Hormuz despite an initial deal to end the U.S.-Iran war. France's CAC 40 declined 0.3% in early trading to 8,379.92, while the German DAX added 0.3% to 25,069.53. Br...
When was this published? This article was first published on July 1, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Yuri Kageyama, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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