Stocks Rally With Oil as Risk Assets Rebound; Treasuries Retreat

  • S&P 500 caps its longest rising streak since December
  • Iran backing output freeze underpins crude oil recovery

U.S., Emerging Market Growth 'Not So Bad:' Erik Nielsen

Stocks rallied as investors piled back into riskier assets, sending emerging-market currencies and equities higher after a retreat in the yuan triggered losses in Asia. U.S. crude oil rose back above $30 a barrel.

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