Economics

S&P 500 Climbs to Record as Treasuries Fall, Oil Tumbles

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The Standard & Poor’s 500 Index climbed to a record as consumer and technology shares rallied while Treasuries fell after manufacturing data boosted optimism in the economy. Emerging-market stocks rose and oil tumbled.

The S&P 500 increased 0.7 percent to a record 1,885.52 at 4 p.m. Yields on 10-year Treasury notes added four basis points to