Global stocks diverge, oil rises as fresh US-Iran clashes hit peace hopes
Taiwan
The US added 115,000 jobs in April, helping push stock markets higher. NEW YORK: Global stock markets diverged and oil prices rose Friday (May 8) as fresh US-Iran clashes in the Strait of Hormuz jolted hopes for a deal to end the Middle East war and reopen the crucial waterway. While European bourses retreated, the S&P 500 and Nasdaq indices both pushed to fresh records on solid US jobs numbers . The Dow ended flat. "No negative news sticks to this bull market, and it just keeps working its way
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