U.S. equity futures were
steady on Tuesday and stocks in Europe and Asia advanced as investors attempted
to set aside their fears about escalating tensions in the Middle East.
As Oil gave back
some of its gains after a strong rally of signs that Iran would be unlikely to strike
against the U.S. in a way that would interrupt supplies.
Even thou, Brent Crude derivative finances fell 49 cents to $68.42 a
barrel, having been as high as $70.74 on Monday, while U.S. crude dropped 42
cents to $62.85.
Meanwhile, European stocks and shares rose 0.7%, tracking
similar gains in Asia. MSCI’s broadest index of Asia-Pacific shares outside
Japan recouped almost all of Monday’s losses.
Stock futures for the S&P 500 firmed 0.2%.
- Reuters/Bloomberg
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