Stocks, Commodities Rise on U.S. Budget Optimism

Stocks around the world snapped the longest losing streak in almost a year on optimism a deal can be reached to avoid automatic spending cuts and tax increases. Oil led commodities higher while the dollar and Treasuries fell.

Modi on Road to Nowhere in Key State: BloombergQuint
16:52 - In the 2014 general election, Indian Prime Minister Narendra Modi swept Uttar Pradesh, a politically important state of 200 million people, by promising development. But for farmers who voted Modi's Bharatiya Janata Party into national office, it's the state’s chief minister Akhilesh Yadav and his ruling Samajwadi Party that’s delivered. Bloomberg's Iain Marlow reports. (Source: BloombergQuint) (Source: Bloomberg)
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