Wednesday, 11 April 2018

Global Stocks On Edge, Oil Soars On Escalating Middle East Tensions

Asian stocks came under pressure on Thursday as the threat of imminent U.S. military action in Syria rattled investors and sent oil prices to their highest levels since late 2014 on concerns about supply. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.05 percent in early trade while Japan’s Nikkei dropped 0.4 percent. On Wednesday, the S&P 500 lost 0.55 percent and the Nasdaq Composite dropped 0.36 percent while energy shares gained more than 1 percent on rising oil prices.
Trump declared that missiles “will be coming” in Syria, taunting Russia for supporting Syrian President Bashar al-Assad after a suspected chemical attack on rebels. Damascus and Moscow have denied any responsibility. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

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