World shares mostly higher and oil gains ahead of planned U.S.-Iran ceasefire talks
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World shares were mostly higher on Friday, tracking Wall Street gains, while oil prices rose ahead of planned US-Iran ceasefire talks in Pakistan. The talks, set to begin on Saturday, aim to establish a permanent ceasefire agreement in the Iran war, with US Vice President JD Vance leading the US delegation.
World shares were mostly up on Friday, with Britain's FTSE 100, France's CAC 40, and Germany's DAX all gaining 0.2%. Asian stocks also ended mostly higher, with South Korea's Kospi climbing 1.4% and Tokyo's Nikkei 225 jumping 1.8%. Oil prices rose, with Brent crude up 1.8% to $97.68 per barrel and US crude up 1.9% to $99.76 per barrel. The US and Iran are set to hold talks in Pakistan on Saturday, aiming for a permanent ceasefire agreement. The talks come after deadly Israeli strikes on Lebanon raised questions about the current ceasefire. Wall Street gained on Thursday, with the S&P 500 adding 0.6% and the Dow Jones Industrial Average climbing 0.6%.
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