2023 was the warmest year on record. The latest Copernicus Climate Change Service highlights that February 2023 to January 2024 was the first time that we experienced 12 consecutive months of temperatures 1.5 degrees hotter than the pre-industrial era.

U.S. stocks bounced back to claim fresh records as investors chased gains that have added more than $5 trillion to valuations this year. Oil topped $61 a barrel and Treasuries edged higher.