Global stocks hit record highs as US-Iran tension eases
Markets have swiftly reversed the sharp falls seen at the start of the week after the US killed Iran’s most senior general
10 January 2020 - 12:17
London — World stocks set new highs on Friday and the prices of safe-haven assets such as gold pulled back as investors cheered an apparent de-escalation in US-Iran tensions and looked instead to prospects of improved global growth.
Markets have swiftly reversed the sharp falls seen at the start of the week after the US killed Iran's most senior general, believing it would not lead to a full-scale military confrontation that would rock investor confidence...
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