Emerging-Market Stocks Reverse 2016 Decline as Commodities RallyBy
Energy companies lead gains as Brent crude climbs past $40
Average stock valuations rise to highest since late July
Emerging-market equities erased their decline for 2016 as commodity prices rallied and U.S. jobs data suggested the Federal Reserve will raise U.S. interest rates slowly. The yuan ended a four-day advance after Chinese leaders refrained from announcing specific support measures.
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