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Global shares rally, oil rebounds as Iran war de-escalation, yen intervention worries ease
['The Associated Press', 'Yuri Kageyama']
Fortune | FORTUNE
Global shares were mostly higher Tuesday following a rally on Wall Street that was helped by easing oil prices.
France’s CAC 40 added 0.3% in early trading to 8,643.50, while the German DAX surged 0.9% to 26,232.04.
In Asia, Japan’s benchmark Nikkei 225 gained 0.3% to finish at 63,957.53, as the U.S. dollar rose to 157.80 Japanese yen from 157.18 yen.
Hong Kong’s Hang Seng fell 0.6% to 25,852.92, while the Shanghai Composite gained 0.3% to 3,822.28.
In energy trading, benchmark U.S. crude gained 15 cents to $80.49 a barrel.