Stocks Bounce, Treasuries Rise on Korea Tensions: Markets Wrap
- Euro-region data buoys sentiment before Sunday’s German vote
- Deepening metals rout weighs on miners; crude rally continues
UBS' Haefele Says Stay Overweight Global Equities
This article is for subscribers only.
Stocks vacillated Friday before ending little changed and Treasuries gained with gold, as investors reached for safe haven assets after North Korea ratcheted up its threats against the U.S.
The S&P 500 Index, churning in one of the tightest ranges in its history, rose slightly, continuing an eight-day stretch without a move of more than 0.3 percent. The Dow Jones Industrial Average drifted downward, while the Nasdaq Composite Index posted a marginal gain.