Europe’s Stoxx 600 and S&P 500 futures gained about 0.7%. Brent crude oil dropped to $89 a barrel and gold slipped below $2,000 an ounce. Ten-year Treasury yields edged higher to 4.86%.
Instead of a massive ground invasion, the Israeli military has started slowly and so far there are few signs that the conflict will spread across the wider Middle East region. That’s being seen as enough good news for investors to wade back into markets after last week’s sharp selloff, which sent the S&P 500 into a correction on Friday after the index closing 10% below a recent peak.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.
