European stocks open higher amid cooling US-Iran tensions
Thursday, 9 January 2020 15:12 WIB | MARKET UPDATE |SahamEropaIndeks Stoxx Europe 600

European stocks opened higher Thursday as investor sentiment improved on the back of easing U.S.-Iran tensions.

The pan-European Stoxx 600 climbed 0.5% at the start of the session, with basic resources and banking stocks adding 1% to lead gains as all sectors except oil and gas entered positive territory.

It comes after comments from President Donald Trump which served to cool panic over rising tensions in the Middle East. Trump said Wednesday that Tehran œappears to be standing down following missile strikes on Iraq airbases housing U.S. troops in retaliation to the killing of Iran's top military general, Qasem Soleimani.

Source : CNBC

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