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Emerging Market Shares Gain, Bonds Fall; S&P 500 End Flat

Emerging market stocks rose to a 13-month high while Treasuries fell amid optimism about growth in China and the U.S. The Standard & Poor’s 500 Index closed little changed following a four-day rally, while the yen gained.

The MSCI Emerging Markets Index added 0.8 percent to 1,057.79 at 4 p.m. in New York, its highest level since May