A sharp retreat in oil prices and a rare joint warning from major economies against excessive dollar strength have helped calm restive markets just as Big Tech earnings start to hit. A volatile start to April looked like getting out of hand this week as a combination of stern Federal Reserve warnings about stubborn inflation and geopolitical stress sent the dollar rocketing and seeded four straight daily losses for Wall St stocks. Surging U.S. crude inventories, poor economic numbers from China for March and a U.S. warning about releasing more of its Strategic Petroleum Reserve if necessary have all reined in oil.
The Spanish giants prevailed 4-3 on penalties after a 1-1 draw on the night meant the tie ended 4-4 on aggregate.
The Danish coach joined the Toffees in the summer of 2022.