Energy Markets
U.S. stock prices rise and the dollar strengthens, as positive data counters central bank caution
The dollar strengthened and U.S. stock prices continued to rise as investors ignored cautionary notes from central bankers around the world about mounting economic uncertainty and U.S. president Donald Trump's unpredictable tariff policies. The U.S. data revealed that jobless claims remained stable and existing home sales increased unexpectedly, helping to calm fears of a slowing economy, despite Wednesday's lower economic projections from the U.S. Federal Reserve. The dollar gained strength and crude prices rose as signs of high demand offset simmering tensions from the Middle East. The Bank of England (BoE), following the Fed, held its key interest rates at...