European Stocks Rise After China Shares Jump
European and Asian stocks advanced with commodities after China allowed insurers to buy bigger stakes in banks and the country’s new leadership pledged to boost urban investment. Shares in Shanghai jumped the most in three months.
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Parsley CEO Says Company Can Still Profit at $35 Oil
30:56 - Bryan Sheffield, founder and chief executive officer at Parsley Energy, discusses the Trump administration rolling back regulations, the ability to add production, and offers insight on the company's hedging strategy. He speaks with Bloomberg's Alix Steel from the Scotia Howard Weil Energy Conference in New Orleans, Louisiana, on "Bloomberg Markets." (Source: Bloomberg)