| Photo: nopsa.hiit.fi |
Stocks (SXXP) rose, sending the benchmark European gauge to a four-month high, commodities gained and the yen weakened amid better-than-estimated corporate earnings and speculation central banks will boost efforts to lift growth. The Standard & Poor’s 500 Index advanced 0.7 percent at 10:30 a.m. in New York. The Stoxx Europe 600 Index added 0.6 percent. Standard Chartered Plc tumbled the most since at least 1988 after a U.S. regulator said the lender may face a suspension of business activities. The yen depreciated against all 16 major counterparts and the Dollar Index lost 0.1 percent. U.S. and German bonds retreated. Natural gas, cocoa and copper rallied more than 1 percent to lead gains in commodities.
No comments:
Post a Comment