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Bonds Rise, Dollar Falls, Stocks Little Changed on U.S. Jobs

  • Brent caps biggest weekly advance since 2009 on OPEC agreement
  • Gold rises first time in four days on uncertainty in Italy
Bloomberg business news

U.S. Adds 178,000 Jobs in Nov., Jobless Rate at 4.6%

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Treasuries rose, the dollar fell and stocks were little changed after the latest jobs report delivered a mixed picture on the strength of the labor market as investors assess the Federal Reserve’s plans to raise interest rates.

U.S. government bond yields slumped the most in three months, the S&P 500 Index hovered near a two-week low and the greenback dropped against major peers. Brent oil capped its biggest weekly gain since 2009 after OPEC approved its first supply cut in eight years, with attention now shifting to compliance with the deal and how other producers will react to a price rally. Gold futures gained for the first time in four sessions amid signs of political uncertainty ahead of an Italian referendum this weekend.