Stocks waver as oil’s climb adds to rate concerns: Markets Wrap


Source: finance.yahoo.com finance.yahoo.com

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(Bloomberg) — Stocks fluctuated as traders braced for a potentially hawkish message from major central banks meeting this week to set interest rates. Benchmark Brent crude oil topped $95 a barrel for the first time since November, adding to concerns about inflation. Most Read from Bloomberg Oil giants TotalEnergies SE, BP Plc and Shell Plc were among the biggest contributors to gains in Europe’s Stoxx 600 benchmark. US equity futures were little changed. Crude has soared by about a third since mid-June as Saudi Arabia and Russia joined hands to curb supplies and drive a rebound in prices. That has...