European Stocks Post First Weekly Gain in Four as Oil Retreats
European stocks are on track for their first weekly gain in four weeks. The market rise follows stabilizing bond yields and a decline in oil prices amid hopes for the reopening of the Strait of Hormuz.
European shares rose Friday, notching their first weekly gain in a month, as oil prices pulled back on hopes of progress toward reopening the Strait of Hormuz.
READ NEXT
More on the wire
AI TLDR
CBS and CNN are coming under the control of owners with ties to Donald Trump. Some journalists have expressed concerns regarding potential editorial pressure.
AI TLDR
A typewriter used by Maya Angelou is now on display at the Smithsonian's National Museum of American History.
AI TLDR
Opposition to new data centers in Virginia and Maryland is creating unusual political alliances among residents.