US EditionEuropean Shares Slide to Near One-Month Low on Israel-Iran Tensions
- European stocks fell to their lowest level in almost a month on June 17 as tensions between Iran and Israel intensified, fueling uncertainty in global markets.
- The conflict escalated following Israel's recent air assault targeting Iran's nuclear sites, triggering an aerial clash and heightening concerns about the security of vital oil shipping lanes in the Middle East.
- The pan-European Stoxx 600 index fell 0.9 percent to 542.26 points, with Germany's DAX sliding 1.1 percent despite a surprise uptick in investor morale.
- U.S. stocks also declined, with the Dow down 299.29 points and the Cboe Volatility index reaching 21.6, its highest since May 23, as investors stayed cautious ahead of the Federal Reserve decision.
- The turmoil suggests ongoing geopolitical tensions are weighing on risk appetite and could impact global energy markets if key oil export routes face disruption.
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Nikkei Hits Four-Month High on Weak Yen; Geopolitical Tensions Weigh
SINGAPORE (Reuters) – Japan’s Nikkei share average rose to touch a four-month high on Wednesday, boosted by a weaker yen, although investors kept a wary eye on the rapidly escalating conflict between Israel and Iran. The Nikkei was 0.59% higher at 38,766.01 as of 0226 GMT, having touched 38,786.64, its highest level since Feb. 21. The broader Topix rose 0.4%.
·Japan
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Coverage Details
Total News Sources16
Leaning Left2Leaning Right1Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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