S&P 500 Rallies on Jobs as Two-Year Treasuries Slump

  • Stock index briefly tops May 2015 record close of 2,130.82
  • Futures now show 21% odds of December rate hike, up from 12%

America and China as Growth Engines

The S&P 500 Index and commodities rallied as two-year Treasuries slumped, after a surge in hiring alleviated concern about the strength of the world’s largest economy.

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