Investors Grasping at Straws

Global stocks steadied on Wednesday despite crude jumping to its highest since June. Plus, Europe watches for an energy shock. And China sets its lowest GDP target since 1991, signaling deeper economic strain.

Today’s recommended read: Jet fuel's huge price surge points to coming pain from Iran war, by Clyde Russell

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest

Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.

You may also visit megaphone.fm/adchoices to opt out of targeted advertising.

Learn more about your ad choices. Visit megaphone.fm/adchoices