Global markets rise as US sanctions hit Iran oil

apnews.com

Global stock markets mostly rose Tuesday, with European and Asian shares gaining after U.S. stocks ended mixed. Oil prices fell following new U.S. sanctions on Iran announced by Treasury Secretary Scott Bessent. Germany's DAX climbed 0.5%, France's CAC 40 added 0.3%, and Britain's FTSE 100 edged higher. In Asia, Tokyo's Nikkei 225 rose 0.5%, South Korea's Kospi gained 0.7%, and Australia's S&P/ASX 200 advanced 0.7%. U.S. futures pointed to modest gains. Investors await Nvidia's earnings Wednesday and a Friday speech by Federal Reserve Chairman Kevin Warsh at Jackson Hole. Brent crude fell 2% to $88.74 per barrel, while the 10-year Treasury yield eased to 4.69%.


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