Costa Rican President-elect Luis Guillermo Solis appointed his economic team as the Central American country moves to reassure investors and the public after two foreign investors announced plans to cut jobs.
Emerging-market stocks fell, stemming a four-week advance, as the European Union weighed expanding sanctions against Russia amid mounting tension in Ukraine. The ruble led declines among major currencies.
The Standard & Poor’s 500 Index rebounded from the worst weekly loss in two years, weathering a selloff in the final hour, after retail sales rose the most since 2012 and Citigroup Inc.’s earnings unexpectedly rose. Treasuries fell with the ruble and commodities advanced on concern the situation in Ukraine is worsening.