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Global Markets: Asian shares rally as US-Iran tensions ease; oil prices retreat

Updated : January 09, 2020 08:26 AM IST

Japan's Nikkei opened 1.6 percent higher, putting stocks back where they were on Tuesday. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent, following gains on Wall Street overnight.
On Wall Street stocks rose, led by the Nasdaq, which added 0.67 percent, while the Dow Jones Industrial Average and the S&P 500 each rose roughly half a percentage point.
Brent futures nursed overnight losses of 4 percent to sit at $65.44 per barrel, near the cheapest since mid-December.

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