Stocks slide, oil and gold jump after Israel strikes Iran
By Kevin Buckland
TOKYO (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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