U.S. Stock Market Wrap

Aug. 10 (Bloomberg) -- Bloomberg's Ellen Braitman reports on the performance of the U.S. equity market. U.S. stocks rose, giving the Standard & Poor’s 500 Index its longest advance since December 2010, as optimism the Federal Reserve will act to stimulate the economy helped the market recover from an earlier decline. (Source: Bloomberg)

Dollar Outlook: Is the Rally Close to Being Over?
51:58 - Michael Purves, chief global strategist at Weeden & Co., discusses U.S. equities, the U.S. dollar and his outlook for the yen and yuan. He speaks to Bloomberg's Ramy Inocencio and Yvonne Man on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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