Stocks, Oil Resilient Amid Cautious Optimism on Economy

Stocks, Oil Resilient Amid Cautious Optimism on Economy
A person rides a bicycle in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo on July 11, 2023. Eugene Hoshiko/AP Photo
Reuters
Updated:
0:00

LONDON/TOKYO—Stocks were mostly resilient and oil hovered near recent highs on Tuesday as investors stayed positive over global economic prospects even as data showed signs of risks.

European stocks fell 0.2 percent, stepping back from a 2 percent gain in July, its second month of gains.