US, European stocks rise as oil takes a pause and crypto rallies
Teona Gherasim
NEW YORK/LONDON, March 4 : U.S. equities followed Europe higher on Wednesday as oil prices steadied after their dramatic two-day rally and a surge in cryptocurrencies encouraged investors to take on risk even while they cautiously monitored the Middle East war. The dollar fell and U.S. Treasury yields were rising for a third straight day, even as the U.S.–Iran war expanded after a U.S. submarine sank an Iranian warship off Sri Lanka, killing at least 80 people, and NATO air defences destroyed
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