Copper, Gold, Europe Stocks Rise; S&P 500 Little Changed

Copper rebounded after sliding into a bear market, gold rose and European stocks climbed for a fourth day on speculation central banks will ease monetary policy. U.S. shares ended little changed.

Copper futures climbed 2 percent in New York and gold increased more than 1 percent. The Stoxx Europe 600 Index added 0.7 percent and has rallied 3.8 percent in four days, its best gain since July. The Standard & Poor’s 500 Index swung between gains and losses throughout the day before closing little changed at 1,578.79. New Zealand’s dollar strengthened after the central bank said growth had picked up. Italian and German borrowing costs fell to record lows at auctions today. Ten-year U.S. Treasury yields lost one basis point to less than 1.70 percent, holding near their low of 2013.