GLOBAL MARKETS-Stocks Slide, Oil and Gold Jump after Israel Strikes Iran

GLOBAL MARKET - TOKYO. Stocks dived in early Asian trade on Friday, led by a selloff in U.S. futures, while oil prices jumped after Israel conducted a military strike on Iran, sending investors scurrying to safe havens such as gold and the Swiss franc.

The Israeli attack raises the risk of a fresh escalation in tensions in the Middle East, a major oil producing region, and comes at a time of heightened pressure on the global economy and financial markets from U.S. President Donald Trump's shakeup of trade policies.

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