U.S. Shares Rise to 7-Month High Before Jobs; Bonds, Oil Climb

Updated on
  • S&P 500 closes above 2,100 as health-care stocks drive gains
  • Payrolls data in focus after OPEC, ECB fail to drive trading

Nigeria’s Mohammed Barkindo Named OPEC Secretary General

U.S. stocks rebounded from a morning selloff to close at a seven-month high, while Treasuries advanced as investors awaited Friday’s American jobs data for clues to the timing of the Federal Reserve’s next policy move. Oil hovered near $49 a barrel.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.