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These 10 global stock markets are surging the most as US-Iran tensions settle — headlined by huge gains in Turkey
Iran "appears to be standing down" after launching missiles at two Iraqi bases housing US troops, President Trump said in a Wednesday statement.
Global stock markets crept upward Tuesday despite China lowering its economic growth target and announcing a major tax cut.
Global stocks followed South Korean stocks lower. The Kospi Index dropped close to 2%.
Pakistan said it had shot down two Indian jets in the disputed Kashmir region. The news dented earlier, Fed-driven gains in markets.
The fresh shutdown, which was set to begin Saturday, could be averted in a deal with $1.4 billion in border-barrier funding, and markets love it.
It looks set to be a busy week in markets, with fresh trade talks between the US and China, and the possibility of a fresh government shutdown.
While markets in Asia largely remain closed after the Chinese New Year, virtually all European stock markets have lost at least some ground Thursday.
"Asian markets focused on the technology rally, overshadowing the trade uncertainties" ahead of more talks, one observer said.
Stocks, particularly in Asia, are becalmed Wednesday, with no major Chinese index moving in excess of 0.1% on the day.
Stocks slide after the IMF cut its forecast for global growth amid mounting concerns about the US-China trade war
On Monday, the IMF lowered its forecasts for global GDP for the second time in three months.