Most Stocks Rise in Resumed U.S. Trading as Treasuries, Oil Gain
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Most U.S. stocks gained as equity markets resumed trading for the first time this week after Hurricane Sandy. Oil climbed and Treasuries rose a third day.
The Standard & Poor’s 500 Index climbed less than 0.1 percent to close at 1,412.17 after gaining as much as 0.5 percent and losing 0.4 percent during the session. Trading of S&P 500 stocks was 6 percent above the 30-day average. Almost three U.S. shares gained for every two that fell. Ten-year Treasury yields lost three basis points to 1.69 percent. Oil in New York added 0.7 percent and gasoline jumped 1.2 percent. The euro rose for a second day versus the yen as governments pressed Greece to make deeper spending cuts to keep aid flowing.