U.S. stocks declined a fifth day, sending the Standard & Poor’s 500 Index to a two-week low, after improving economic data boosted bets the Federal Reserve will curb its monthly bond purchases sooner than estimated.
U.S. and European stocks fell for a fifth day, gold slid and Treasury yields reached the highest level since September as improving economic data fueled bets the Federal Reserve will reduce stimulus. The euro rose as the central bank gave no sign it will start negative deposit rates.
Global stocks rose, extending a five-year high, and commodities gained as China’s economic growth quickened. Google Inc. jumped as much as 14 percent to a record above $1,000 on better-than-forecast earnings. Treasury 10-year note yields touched a 12-week low.
U.S. stocks rose, giving the Standard & Poor’s 500 Index its best weekly gain since July, as results from Google Inc. topped estimates and speculation grew that the Federal Reserve will delay cutting monetary stimulus.
U.S. stocks surged, with the Dow Jones Industrial Average rebounding above 10,000, as China’s commitment to investing in Europe allayed concern the debt crisis will worsen. Energy shares rallied as BP Plc temporarily stopped the flow of oil from a Gulf of Mexico leak.
U.S. stocks rose, following the Dow Jones Industrial Average’s biggest drop in four weeks, as weaker-than-expected data on economic growth and jobless claims boosted speculation the Federal Reserve will maintain stimulus.
Treasuries fell as stronger growth in American service industries dimmed prospects for Federal Reserve bond buying, while U.S. benchmark stock indexes retreated from records. The New Zealand dollar slid as a milk-powder exporter said some shipments may be tainted.
Emerging-market stocks declined for the first time in six days, led by Russian shares, as improving U.S. economic reports increased prospects for less stimulus. Egyptian bond yields surged to a five-week high amid a government crackdown on protesters that left hundreds dead.