Cocoa declined for a third day in London, the longest losing streak in more than three weeks, as bean deliveries in top producer Ivory Coast signal bigger supplies than traders anticipated. Coffee advanced.
U.S. stocks and Treasuries rose, as improving economic data offset concerns that the Federal Reserve will cut monetary stimulus as soon as next month. The euro strengthened after German business confidence climbed to the highest in more than 1 1/2 years.
U.S. consumers aren’t yet demanding sustainable products, such as mobile phones made with recycled plastics, hampering companies’ efforts to go green, said Sprint Corp. Chief Executive Officer Dan Hesse.
YRC Worldwide Inc., the struggling trucker seeking crucial union concessions to help refinance debt, won’t wrap up talks to extend a labor contract by the end of this work week, Chief Financial Officer Jamie Pierson said.