Equities in the U.S. rose, with indexes recovering from drops of more than 1 percent as crude oil prices steadied around $32 a barrel, while Treasuries reversed gains as demand for some haven assets abated.
The Standard & Poor’s 500 Index overcame a decline of as much as 1.6 percent as mining stocks rallied with technology shares, which helped the Nasdaq 100 Index up 0.9 percent. U.S. crude settled at $32.15 a barrel, clawing back from a slump that took it below $31. While gold and the yen extended gains, 10-year Treasury notes swung to losses, with yields on the debt rising three basis points to 1.75 percent. Wheat slid to a five-year low.