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- Trump rallies at site of failed assassination: 'Never quit'
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- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Monaco take top spot in Ligue 1 with win at Rennes
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
- Thousands march in London in support of Palestinians, 1 year after Oct 7
- Israel readying response to Iran missile attack
- Schutt, Mooney help Australia beat Sri Lanka in Women's T20 World Cup
- Liverpool extend Premier League lead with win at Palace
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- 'Imperfect' PSG fighting on all fronts - Luis Enrique
- Struggling Pakistan look to thwart adaptable England
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Markets track Wall St rally as traders weigh Russia sanctions
Equities bounced back Friday from the previous day's rout with investors taking their lead from a rally on Wall Street after Washington decided against imposing the stiffest sanctions on Russia over its invasion of Ukraine.
Russian President Vladimir Putin's decision to send troops into Ukraine sent shockwaves through Asian and European markets and pushed oil past $100 for the first time since 2014 as traders contemplated a major conflict in Eastern Europe.
Speculation had been growing for weeks about an incursion, which has stoked fears about supplies of key commodities including wheat, metals and crude.
Investors have also been fretting over the impact of any sanctions Western leaders would impose on Moscow.
Despite a chorus of outrage at Putin's move, the punishments have so far been seen as well short of the most stringent.
While the latest measures from Washington target Russia's two largest banks and see controls on high-tech items aimed at crippling its defence and aerospace sectors, US President Joe Biden has not cut off oil exports.
The news provided a big boost to Wall Street, where all three main indexes surged from deep in the red to end Thursday on a positive note, while crude eased back below $100.
The Nasdaq was the standout performer, ending more than three percent higher as commentators said the crisis could keep the Federal Reserve from embarking on an aggressive series of interest rate hikes to tame inflation.
Tech firms are more susceptible to higher borrowing costs and have been hammered in recent months on bets for tighter monetary policy.
"Stocks don't always move in the way we expect them to," Callie Cox, at trading platform eToro, said on Bloomberg's "QuickTake Stock" broadcast.
"We're sitting here processing these headlines and trying to understand what they mean for the global economy, but first and foremost, fear is a contrarian indicator.
"While we’re all rightfully fearful right now, some investors may be seeing this as a time to jump back in."
The gains in New York filtered through to Asia, where Tokyo climbed two percent and Mumbai 2.4 percent, while Seoul, Jakarta, Bangkok and Wellington added more than one percent.
There were also gains in Shanghai, Sydney, Singapore and Taipei, though Hong Kong struggled to hold early advances and saw fresh selling.
London, Paris and Frankfurt rallied at the open.
Safe haven gold dipped but held above $1,900.
Traders are keeping a close eye on developments in Ukraine as Russian troops close in on the capital Kyiv.
Oil rose again with Brent back above $100 a barrel as traders remained sensitive to headlines and analysts warned the conflict could keep prices elevated for months.
Wheat, a major export from the region, was at its highest level since 2008 as analysts warned exports will likely dry up for the time being.
The caution came despite signs of progress on Iran nuclear talks that could see it begin exporting crude globally again, ramping up supplies at a time when demand is soaring as the world reopens.
While there is talk that the Ukraine crisis could lead the Fed to rethink its plans for tightening monetary policy, there were warnings bank boss Jerome Powell was not likely to be swayed by equity market losses.
"If investors are bidding up the Nasdaq 100 because they think Putin brought back the Powell Put, they may be sadly disappointed," Max Gokhman of AlphaTrAI said, referring to the idea the Fed would step in to support stocks from suffering hefty losses.
"The Fed isn’t going to stop tightening when the US labour market remains tight and growth is above-trend."
Meanwhile, Federal Reserve Governor Christopher Waller said Thursday the US economy was healthy enough to withstand a rise in rates to one percent by summer with a 50 basis point move next month -- double the usual amount in a single hike.
However, he admitted the Ukraine crisis could force officials to rethink their plans.
- Key figures around 0710 GMT -
Tokyo - Nikkei 225: UP 2.0 percent at 26,476.50 (close)
Hong Kong - Hang Seng Index: DOWN 0.6 percent at 22,767.18 (close)
Shanghai - Composite: UP 0.6 percent at 3,451.41 (close)
London - FTSE 100: UP 1.0 percent at 7,280.95
Brent North Sea crude: UP 2.5 percent at $101.56 per barrel
West Texas Intermediate: UP 2.2 percent at $94.82 per barrel
Dollar/yen: DOWN at 115.32 yen from 115.49 yen late Thursday
Euro/dollar: DOWN at $1.1189 from $1.1202
Pound/dollar: UP at $1.3400 from $1.3378
Euro/pound: DOWN at 83.50 pence from 83.70 pence
New York - Dow: UP 0.3 percent at 33,223.83 (close)
A.S.Diogo--PC