Stocks Edge Higher; Oil Rises to Five-Month High: Markets Wrap
- Emerging-market equities advance; euro, Japanese yen gain
- Gold gains; Turkish lira declines as election result contested
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Stocks edged higher, with the S&P 500 extending its longest rally since 2017 to eight days, as investors awaited signs of progress in the trade war with China ahead of the latest corporate earnings season. Treasuries dropped, while West Texas crude hit a five-month high.