Global stock markets and oil prices rebounded Thursday as anxiety over potential U.S.-Iranian conflict eased.
London and Frankfurt opened higher and Tokyo gained more than 2%. Shanghai and Hong Kong also advanced.
In early trading, London's FTSE 100 gained 0.4% to 7,609.67 and Frankfurt's DAX rose 1.5% to 13,520.35. France's CAC 40 added 0.6% to 6,068.31. In Asia, Tokyo's Nikkei 225 powered ahead 2.3% to 23,739.87 and Hong Kong's Hang Seng rose 1.7% to 28,561.00. The Shanghai Composite Index added 0.9% to 3,094.88.
Benchmark U.S. crude gained 43 cents to $60.05 per barrel in electronic trading on the New York Mercantile Exchange. On Wednesday, the contract fell $3.09 to settle at $59.61. It traded as high as $65.65 following the missile attack.
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