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GLOBAL MARKETS-Stocks slide, oil and gold jump after Israel strikes Iran
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GLOBAL MARKETS-Stocks slide, oil and gold jump after Israel strikes Iran
Jun 12, 2025 5:52 PM

TOKYO, June 13 (Reuters) - Stocks dived in early Asian

trade on Friday, led by a selloff in U.S. futures while safe

havens like gold and the Swiss franc climbed along with crude

oil prices on news that Israel had conducted a military strike

on Iran.

U.S. S&P e-mini futures slumped 1.1% as of 0018 GMT

and Nasdaq futures skidded 1.3%.

Japan's Nikkei lost 1% and South Korea's KOSPI

slipped 0.6%. Most other regional markets had yet to

open.

Brent crude jumped about 5% to $72.76 per barrel.

Gold added 0.8% to $3,410 per ounce.

The Swiss franc gained about 0.5% to 0.8060 per

U.S. dollar, and fellow safe haven the yen appreciated

0.4% to 142.89 per dollar.

Israel has begun carrying out strikes on Iran, two U.S.

officials told Reuters on Thursday, adding there was no U.S.

assistance or involvement in the operation.

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