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U.S. Stocks Gain as Oil Stabilizes, Dollar Falls: Markets Wrap

  • Dollar, Treasuries end week largely unchanged as oil tumbles
  • Gold caps three-day advance, emerging market shares climb
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U.S. stocks halted a three-day slide, while Treasury yields and the dollar edged lower as a week dominated by crude’s tumble into a bear market ended with the three major American assets largely unchanged.

The S&P 500 Index finished the period virtually where it began, as rallies in health-care and tech shares offset a rout in energy producers. Small caps rallied Friday to end higher on the week. Crude capped a fifth straight weekly decline after falling into a bear market. The dollar slipped a third day, though not enough to erase a slight gain in the week. The 10-year Treasury yield fell less than one basis point in the five days as a parade of Federal Reserve officials said little to alter views on the timing for rate increases. Gold rose for a third day to offset a two-day slump and finish the week flat.