The decline in oil prices boosted market sentiment, and the European stock market rose, smoothing the cumulative decline this week. The European Stoxx 600 Index rose 0.9%, rebounded after two consecutive days of sharp declines, and the technology sector rose. Barclays strategists expect global stock markets to continue to rise until the end of the year, but this outlook depends on stabilizing bond yields and oil prices, as well as continued market confidence in AI capital spending.

The decline in oil prices boosted market sentiment, and the European stock market rose, smoothing the cumulative decline this week. The European Stoxx 600 Index rose 0.9%, rebounded after two consecutive days of sharp declines, and the technology sector rose. Barclays strategists expect global stock markets to continue to rise until the end of the year, but this outlook depends on stabilizing bond yields and oil prices, as well as continued market confidence in AI capital spending.