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U.S. Stocks Rally With Commodities on Stimulus Bets; Bonds Fall

  • S&P 500 rises to highest level of 2016, tops 200-day average
  • Crude caps fourth weekly gain, emerging shares surge
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Market Reaction to the ECB’s ‘Dovish Surprise’

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Riskier assets from stocks to commodities and emerging-market currencies surged as traders warmed to an unprecedented policy boost from the European Central Bank. 

QuickTake Europe’s QE Quandary