Global stocks rise and oil slips

World stocks rose during Friday morning trade while Brent Crude Oil fell over 1% to just under $103 per barrel after United States President Donald Trump ruled out military action against Iran before next month's elections. The relief in energy markets offered a reprieve to global equities following a period of persistent volatility driven by rising borrowing costs. Investors remained cautious, however, as they weighed heavy technology sector fundraising against sovereign yields hovering near multi-year highs.