The sour faces of German Chancellor Angela Merkel’s allies after the first exit poll results for the federal election were announced on Sunday night will prompt much talk of a Pyrrhic victory for Merkel. But the outcome of Sunday’s election could be good both for her and for German democracy: It has clarified the options for the next governing coalition, …

Bloomberg Oil prices slipped after entering a bull market amid heightened geopolitical tensions in the Middle East, while Trafigura Group and Citigroup Inc. both warned of a looming supply squeeze. Crude in New York fell 0.7 percent as traders cashed in after yesterday’s 3.1 percent surge. The oil market is nearing the end of the “lower-for-longer” era, with a shortage …

Bloomberg US stocks were higher on Tuesday with technology shares shaking off Monday’s slide. The euro extended its decline in the wake of the German election, lending support to a dollar rally as investors digest a raft of catalysts from North Korea to central-bank policy. The Nasdaq 100 Index climbed at the open, taking back some of Monday’s 1.1 percent …