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U.S. Stocks Rise on Apple Rally; Bonds Fall, Dollar Gains

U.S. stocks rose, following a two-day slide, as Apple Inc. rallied to boost technology shares. Treasuries declined with emerging-market equities, while the dollar gained on speculation interest rates may rise sooner than anticipated.

The Standard & Poor’s 500 Index climbed 0.4 percent at 4 p.m. in New York. Apple jumped 3.1 percent, the most since April, to lead the Nasdaq 100 Index higher. The MSCI Emerging Markets Index sank the most since March. The yield on 10-year Treasury notes rose three basis points to 2.53 percent, the highest since July. The Bloomberg Dollar Spot Index rose 0.2 percent and commodities retreated as Brent crude slid to a 17-month low.