Economics
U.S. Stocks Rise While Bonds Decline on Ukraine, Earnings
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The Standard & Poor’s 500 Index capped its biggest weekly advance since July and Treasuries fell the most in a month as tensions eased over Ukraine and earnings from General Electric Co. and Morgan Stanley topped estimates.
The S&P 500 climbed 0.1 percent to 1,864.85 at 4 p.m. in New York, advancing for a fourth straight day. The yield on 10-year Treasuries rose nine basis points to 2.72 percent. The Stoxx Europe 600 Index climbed 0.5 percent. Russia’s Micex Index reversed a loss while the ruble jumped. The dollar strengthened for a fifth day against a basket of major peers. Oil added 0.5 percent to trade above $104 a barrel for a fifth day, while gold lost 0.7 percent.