Stocks Firm Ahead of Rate Meetings, Crude Hits $120

Stocks Firm Ahead of Rate Meetings, Crude Hits $120
The skyline with the banking district and the headquarters of the European Central Bank (ECB) are photographed in Frankfurt, Germany, on Oct. 4, 2021. Kai Pfaffenbach/Reuters
|Updated:

LONDON—Stocks, the dollar, and crude oil firmed on Monday as investors positioned themselves for more direction on interest rates and the economy from a string of central bank meetings spilling into next week.

The European Central Bank meets on Thursday, though it is not expected to begin raising interest rates until July, with rate setters at the U.S. Federal Reserve and Bank of England gathering next week.