Oil rose, capping the biggest weekly gain this year, as fighting in Iraq triggered concern of a return to civil war. U.S. stocks advanced as Intel Corp. rallied, while Treasuries were little changed amid speculation central banks may raise rates sooner than forecast.
U.S. stocks fell, after benchmark indexes climbed to records, while Treasuries rose before the government releases its monthly jobs report. The euro weakened as the region’s central bank said it’s prepared to take action to head off deflation.
Macquarie Group Ltd., Australia’s biggest investment bank, expects its full-year earnings to rise as much as 45 percent to the highest since 2008 as the outlook for its fixed-income, currencies and commodities unit improved.