Stocks Gain on Putin as Bonds Rise on Economy; Oil Sinks

Global stocks rose as tensions eased in Ukraine, while bonds climbed on bets central banks will support the economy amid weaker-than-forecast data. Brent oil tumbled to a 13-month low to pace losses among commodities.

The MSCI All-Country World Index and the Standard & Poor’s 500 Index each added 0.4 percent at 4 p.m. in New York. The rate on 30-year Treasuries dropped 5 basis points after the sale of $16 billion in bonds. An advance in European bonds sent Greek 10-year yields below 6 percent and pushed Germany’s to a record 0.998 percent. Russian shares increased for a fifth day. Commodities erased the year’s gains as oil lost more than 2 percent. Warren Buffett’s Berkshire Hathaway Inc. traded above $200,000 for the first time.