LONDON—A steadier tone in global stocks continued on Thursday as investors hoped the banking sector had turned a corner on its recent turmoil to help markets end the quarter on a positive note.
The dollar and crude oil prices were stable, with calmer markets allowing investors to focus more on the economy, as Spanish inflation fell more than expected in March.
Global stocks were up 0.3 percent and on course for a 4.9 percent quarterly gain.
“We are starting to see a little bit of stabilisation, there is a perception that somehow the banking crisis is behind us,” said Mike Hewson, chief markets analyst at CMC Markets….