Stocks Rise With Commodities as China Rallies
Stocks advanced for the first time in three days and commodities rose as China eased restrictions on investing in banks and its new leaders backed urban development. The yen slid and Spain’s bonds extended losses after the government missed its maximum sales target at a debt sale.
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SkyBridge Flagship Sees Jump in Client Redemptions
34:00 - Investors pulled a net $1.6 billion from SkyBridge Multi-Adviser Hedge Fund Portfolios in the year ended March 31, according to a filing this month with the SEC. Bloomberg's Simone Foxman reports on "Bloomberg Markets." (Source: Bloomberg)