Oil futures rose Wednesday as investors sifted through a raft of updated forecasts and awaited official data on U.S. inventories after industry figures showed a decline last week in crude stocks.
A key bond-market signal of an impending recession has flashed red continuously for the longest period on record, yet this doesn’t necessarily spell trouble for the stock market, according to analysts.
Shares in Rentokil Initial jumped by up to 16% on Wednesday on reports Nelson Peltz’ Trian Partners had acquired a substantial stake in the pest control firm