U.S. Stocks Climb as Treasury Rally Takes Breather: Markets Wrap

  • Oil surges as Russia signals its commitment to output cuts
  • Haven currencies mostly on back foot as risk appetite returns
Equities can’t avoid a correction in the near term, says Eleanor Creagh, market strategist at Saxo Capital Markets.(Source: Bloomberg)
Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

U.S. stocks rallied and Treasuries fell as investor concern over an economic downturn showed signs of easing. The dollar rose.