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Global Markets: Easing Middle East anxiety helps stocks recover

Reuters  |  LONDON 

By Helen ReidLONDON (Reuters) - European shares began to recover on Thursday as Wall Street futures pointed to a positive U.S. open, with investors' anxiety over a threatened clash between Western powers and Russia in Syria easing ahead of a strong U.S. earnings season.The ratcheting up of geopolitical tensions over an alleged chemical attack by Syrian government forces kept bond yields low, while crude prices eased back, having surged to 2014 highs as a result of political risk in the oil-rich region.MSCI's world equity index fell for the second day, while European shares managed a 0.3 ...

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First Published: Thu, April 12 2018. 18:03 IST
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