U.S. stocks rose, with benchmark indexes climbing to records, as employment data boosted optimism in the economy. Gold fell after the Federal Reserve yesterday raised rate estimates for 2015.
The Standard & Poor’s 500 Index added 0.5 percent to an all-time high of 2,011.39 at 4 p.m. in New York, surpassing its record from Sept. 5. The Dow Jones Industrial Average added 0.6 percent to a record 17,265.99. The pound rallied on speculation Scotland will reject a referendum on independence, while the yen fell to a six-year low versus the dollar. The Bloomberg Commodity Index sank to a five-year low as copper and crude tumbled. Gold slid to the lowest in eight months.