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European stocks rose, extending a global equity rally as investors turned more optimistic ahead of earnings season. The euro rose, while long-dated Treasury yields retreated from multi-decade highs.
European stocks rose on Tuesday, extending a global equity rally as investors grew more optimistic ahead of earnings season. Easing pressure in longer-dated bonds and lower oil prices helped calm markets after last week's fixed-income turmoil.
U.S. stocks look set for a positive opening on Friday, with futures of the Dow Jones, S&P 500 and Nasdaq Composite rising, after closing Thursday on a mixed note. Contributing to the optimism are comments from Iranian Foreign Minister Abbas Araghchi, who proposed to reopen the Strait of Hormuz and resume talks on a nuc
Global stocks climbed as AI demand boosted tech shares and oil prices eased. European bonds led a rally in debt markets, with German 10-year yields falling 5 basis points to 3.472%.