SAN JOSE, Calif. (AP) — Philipp Kurashev scored in regulation and the only goal of a shootout, and the San Jose Sharks held on for a 4-3 win over the Los Angeles Kings on Thursday night.
San Jose’s first player in the shootout, Kurashev skated toward his left then shifted direction toward the net before flipping the puck over the left shoulder of Kings goalie Anton Forsberg. Kurashev also had a goal in the second period.
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San Jose Sharks center Philipp Kurashev, left, celebrates with teammates after scoring a goal during the second period of an NHL hockey game against the Los Angeles Kings, Thursday, Nov. 20, 2025, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez)
Los Angeles Kings goaltender Anton Forsberg (31) deflects the puck next to San Jose Sharks center Alexander Wennberg (21) during the second period of an NHL hockey game, Thursday, Nov. 20, 2025, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez)
San Jose Sharks center Macklin Celebrini (71) moves the puck between Los Angeles Kings defenseman Joel Edmundson (6) and right wing Quinton Byfield (55) during the second period of an NHL hockey game, Thursday, Nov. 20, 2025, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez)
Los Angeles Kings goaltender Anton Forsberg (31) watches the puck get past him for a goal by San Jose Sharks center Philipp Kurashev during the second period of an NHL hockey game, Thursday, Nov. 20, 2025, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez)
Ty Dellandrea had a goal and an assist for San Jose. Adam Gaudette scored a goal, while Collin Graf had two assists. Yaroslav Askarov made 31 saves, two during the shootout.
Joel Armia, Anze Kopitar and Adrian Kempe had goals for the Kings.
Gaudette got the Sharks going with a goal on San Jose’s first shot of the game 2:33 into the first period. Gaudette raced in from the blue line and took a pass from Dellandrea then fired a wrist shot into the lower left corner of the net.
After the Kings tied it on Armia’s short-handed and unassisted goal late in the period, San Jose regained the lead when Collin Graf skated around behind the net then flipped to Dellandrea in front of the net for a 2-1 lead with 9.9 seconds remaining.
Los Angeles responded quickly with a tying goal less than two minutes into the second period when Kopitar slid the puck through the legs of Askarov. Trevor Moore and Cody Ceci had assists.
After the Kings had a goal nullified by an offside penalty midway through the second period, Kurashev’s sixth goal of the season gave the Sharks a 3-2 lead.
Kempe forced overtime with his seventh goal of the season with 59 seconds remaining in regulation.
Kings: Face the Bruins on Friday night.
Sharks: Play the Senators on Saturday night.
This story has been changed to correct the spelling of Kurashev throughout.
AP NHL: https://apnews.com/hub/nhl
San Jose Sharks center Philipp Kurashev, left, celebrates with teammates after scoring a goal during the second period of an NHL hockey game against the Los Angeles Kings, Thursday, Nov. 20, 2025, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez)
Los Angeles Kings goaltender Anton Forsberg (31) deflects the puck next to San Jose Sharks center Alexander Wennberg (21) during the second period of an NHL hockey game, Thursday, Nov. 20, 2025, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez)
San Jose Sharks center Macklin Celebrini (71) moves the puck between Los Angeles Kings defenseman Joel Edmundson (6) and right wing Quinton Byfield (55) during the second period of an NHL hockey game, Thursday, Nov. 20, 2025, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez)
Los Angeles Kings goaltender Anton Forsberg (31) watches the puck get past him for a goal by San Jose Sharks center Philipp Kurashev during the second period of an NHL hockey game, Thursday, Nov. 20, 2025, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez)
NEW YORK (AP) — Stocks are rushing higher worldwide, and oil prices are easing Wednesday as hopes build that the war with Iran could end soon. That's even though some of the signals investors saw as hopeful are already under dispute, and several prior bouts of optimism in financial markets quickly got undercut by continued, fierce fighting in the war.
The S&P 500 rose 0.8% and added to its leap from the day before, which was its best since last spring. That followed even bigger gains for stock markets across Europe and Asia, including an 8.4% surge in South Korea, which were catching up to Wall Street’s rally from Tuesday.
The Dow Jones Industrial Average was up 357 points, or 0.8%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 1.2% higher.
Oil prices also fell back toward $100 per barrel after President Donald Trump claimed shortly before Wall Street began trading that Iran “has just asked the United States of America for a CEASEFIRE!”
“We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!”
Trump had also said the night before that the U.S. military could end its offensive in two to three weeks. That added to optimism following a couple tenuous signals of hope from earlier Tuesday that Wall Street latched onto, including a news report quoting Iran’s president as saying that it has “the necessary will to end the war” as long as certain requirements are met, including “guarantees to prevent a recurrence of aggression.”
The worry on Wall Street has been that the war may last a long time and keep oil and natural gas from the Persian Gulf out of global markets, which could create a brutal blast of inflation.
But hope has been quick to reverse to doubt on Wall Street, triggering manic swings back and forth for financial markets since the war with Iran began. Trump has also made statements that lifted markets, only to see the gains quickly disappear after increasing his military threats against Iran. Investors say Trump’s statements are becoming less impactful for financial markets.
Iran’s Foreign Ministry spokesman, Esmail Baghaei, called Trump’s claim about asking for a ceasefire “false and baseless,” according to a report on Iranian state television.
And oil prices remain high, even if they’ve eased so far this week. The price for a barrel of Brent crude oil, the international standard, was sitting at $101.83 following its declines, which is still up from roughly $70 before the war began.
U.S. gasoline prices rose again overnight to a national average of $4.06 per gallon, according to the auto club AAA.
Iran, meanwhile, hit an oil tanker off the coast of Qatar and Kuwait’s airport on Wednesday while airstrikes battered Tehran as the fighting continued. Iran also continues to hold a grip on the Strait of Hormuz, where a fifth of the world’s traded oil passes during peacetime.
“De-escalation hopes have given markets a lift, but we think the effects of the war would, in many cases, persist even if the war did end soon,” Thomas Mathews, head of markets, Asia Pacific at Capital Economics, said in a research note Wednesday.
“It’s worth thinking through how markets might fare if the war were to end ‘very soon,’” he wrote. “Do markets have further to recover if sentiment continues to improve? The answer is almost certainly yes.”
The White House said Trump will deliver a public address Wednesday evening on the Iran war.
On Wall Street, the majority of stocks rose, with Big Tech powering the move higher. Gains of 2.5% for Alphabet and 1% for Nvidia were two of the strongest forces lifting the S&P 500.
They helped offset a 14.3% drop for Nike, which fell even though it reported a stronger profit for the latest quarter than expected. Analysts said it gave some lackluster financial forecasts.
Hasbro fell 3.8% after the toy company found someone had gained unauthorized access to its computer network and is working to assess the full impact.
In stock markets abroad, indexes leaped more than 1.5% in France, Germany and the United Kingdom. Asian markets had even bigger gains.
Tokyo’s Nikkei 225 jumped 5.2% after a survey by Japan’s central bank showed business sentiment for major Japanese manufacturers improved despite worries about the Iran war.
In the bond market, Treasury yields held relatively steady after a report said U.S. retailers made more money in February than economists expected. A separate report said U.S. manufacturing growth last month was slightly faster than economists expected.
The 10-year Treasury yield rose to 4.31% from 4.30% late Tuesday.
AP Business Writers Chan Ho-him and Matt Ott contributed.
James Conti works on the floor at the New York Stock Exchange in New York, Tuesday, March 31, 2026. (AP Photo/Seth Wenig)
Philip Finale works on the floor at the New York Stock Exchange in New York, Tuesday, March 31, 2026. (AP Photo/Seth Wenig)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Ahn Young-joon)
Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Ahn Young-joon)
A currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Ahn Young-joon)
A screen displays financial information on the floor at the New York Stock Exchange in New York, Tuesday, March 31, 2026. (AP Photo/Seth Wenig)
