Shares of energy companies rose amid mounting optimism about the outlook for global growth and demand.
Global markets are pricing in a scenario where inflation eases without a major recession occurring, known as a "soft landing," said Oliver Pursche, senior vice president at financial advisory Wealthspire.
Oil futures slipped but remain within 3% of their 2024 highs amid a slew of conflicts in major oil-producing regions.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-27-24 1732ET
