Mild temperatures along the U.S. East Coast and Canadian Maritimes will reduce energy demand this week in some of the region’s largest cities, said Matt Rogers, president of the Commodity Weather Group LLC.
The winter storm along the U.S. East Coast that disrupted holiday travel plans and prompted speculation over whether the Macy’s Thanksgiving Day Parade will feature its trademark balloons was forecast to move into southeastern Canada overnight.
The euro climbed for the first time in three days versus the dollar as European stocks rose. Emerging-market currencies weakened and gold fell on the outlook for Federal Reserve stimulus and as a typhoon wreaked damage in the Philippines. U.S. shares rose to trade near a record.
The integrity of U.S. data on joblessness, one of the main measures of the strength of the economy, is at risk the longer some government agencies remain closed, according to former Labor Department officials.