U.S. stock futures recover ground while oil prices surge on hopes of an end to the Saudi Arabia-Russia price war
U.S. stock futures recovered ground Thursday, while oil prices surged on hopes of an end to the Saudi Arabia-Russia price war.
Contracts tied to the S&P 500 rose 1.9%, suggesting the blue-chip index may recover some of its losses when trading gets under way in New York. U.S. equities endured their worst start to a new quarter on record on Wednesday. The Stoxx Europe 600 index ticked up 0.4%, led higher by a jump in shares of energy companies.
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