Greece’s bonds jumped, sending yields to a four-year low, and stocks climbed on speculation the country will reach an agreement with international creditors to ensure its bank-recapitalization requirements are manageable.
U.S. stocks ended the session little changed with the Standard & Poor’s 500 Index failing to hold above its record closing level for a third straight day. The dollar strengthened against most major peers while gold slid with silver and natural gas dropped a third day.
U.S. employers probably added more than twice as many workers to payrolls in January than the prior month while the jobless rate held at a five-year low of 6.7 percent, data in the coming week may show.
European Central Bank Governing Council member George Provopoulos said a “normalization” on financial markets suggests the ECB might never need to activate its Outright Monetary Transactions bond-buying plan.