Have you ever wondered what it takes for a corporate giant to bounce back from consecutive quarters of underwhelming performance? BP's recent financial results might just hold the answer. At the start of trade on Tuesday, BP shares experienced a stunning surge of up to 9%, before settling back with a substantial gain of around 2%. This unexpected leap came after the oil behemoth surpassed market forecasts and announced an increase in its dividend. But what exactly led to this remarkable turnaround?
The United States is experiencing a surge in business sentiment, hitting a 27-month high ahead of crucial inflation data scheduled for Friday. What does this mean for the economy, and how will it impact the Federal Reserve's decisions? Let's dive in.