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Oil price jump soothes cyber nerves

Reuters  |  LONDON 

By Patrick GrahamLONDON (Reuters) - Oil's strongest run of gains since December cushioned the hit to stock markets on Monday from a successful missile test by North Korea and a cyber attack that locked 200,000 computers in more than 150 countries.Asian shares hit a two-year high overnight and Wall Street was set to open higher, while Europe's major markets were mixed after hitting long-term highs in early trade. In Europe, another victory for Angela Merkel's conservatives in a regional election in Germany pushed Frankfurt's DAX to a record high in early trade. But nerves about the pace of ...

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First Published: Mon, May 15 2017. 18:04 IST