World markets rocket higher on optimism Iran war could end soon - Reuters
World markets rocket higher on optimism Iran war could end soon Reuters
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<a href="https://news.google.com/rss/articles/CBMie0FVX3lxTFA5VW9TZlFwYjJuQzY5Ui01ZGxTaWpZVGw0emx5UHlNanE4LXNUOGJtRVg3UDhOLWg3RkF3anN4SnVldkQ0OHFJVmpsbzRMcUhnSnFiSWZtODVIcHY2ME9SMHFyQzEyQWxmVUg5ZEk0R1dZZWctRjlkUkFxYw?oc=5" target="_blank">World markets rocket higher on optimism Iran war could end soon</a> <font color="#6f6f6f">Reuters</font>
Global markets surged as investors anticipated a potential de-escalation in the Iran conflict, leading to significant gains in major stock indices and a decline in oil prices.
Asian stock markets experienced a significant rally, with the MSCI Asia-Pacific ex-Japan index rising 2.7%, driven by hopes of a de-escalation in the Iran conflict and strong economic data from South Korea and Japan.
U.S. stocks surged, with the Dow Jones Industrial Average rising 2.5% to 46,341.51, following remarks from Iran's president expressing a willingness to end the conflict, boosting investor sentiment.
U.S. stocks rebounded on reports that both Tehran and Washington may be looking to exit the month-long conflict, with the S&P 500 jumping 2.9% for its largest gain since May.
Asian shares rose sharply after U.S. stocks soared, with South Korea’s Kospi surging 5.2% and Tokyo’s Nikkei 225 rising 3.5%, driven by renewed optimism that the Iran war could soon end.
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