U.S. Stocks Rally With Emerging-Market Assets as Crude Tops $34By and
S&P 500 extends climb after factory, construction data
Treasuries retreat with yen as demand for havens wanes
U.S. stocks rallied to a seven-week high after data indicated manufacturing in the world’s largest economy may be stabilizing, while optimism that central banks from Asia to Europe will add to stimulus supported emerging-market currencies and commodities.
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