Stocks Advance With U.S. Futures; Oil Trims Drop: Markets Wrap

(Bloomberg) — European and Asian stocks climbed alongside U.S. equity futures on Tuesday as governments contemplated reopening their economies and the earnings season gathered pace. Crude oil pared an earlier slump.Banking and insurance shares led gainers on the Stoxx Europe 600 Index as all major national gauges advanced. S&P 500 contracts fluctuated before turning upward, after the underlying index closed at its highest since March 10 a day earlier. West Texas oil futures in New York had slumped below $11 a barrel, but recovered most of their slide. Treasuries were steady.On the earnings front, companies including PepsiCo Inc., Caterpillar Inc., …read more

Source:: Yahoo Finance

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