LONDON—Global stocks hit a record high again on Tuesday and oil rose, as markets shrugged off concerns about rising inflation and looked ahead to U.S. data later in the week that should offer a major clue to the health of the world’s biggest economy.
Risk markets have eked out gains in recent weeks as traders balance optimism that some key markets are reopening after pandemic lockdowns with concern that rising inflation could prompt central banks to rein in stimulus programs.
