Emerging-market stocks rose for a ninth day after reports showing an increase in U.S. payrolls and factory orders added to confidence the global economy is recovering. Brazil’s Ibovespa erased this year’s drop.
Emerging-market stocks fell, snapping a nine-day advance, amid concern that the crisis in Ukraine will escalate after NATO leaders warned Russia has troops on a high state of readiness on its neighbor’s border.
China’s stocks rose for the first time in five days as Poly Real Estate Group Co. led a rally for property developers after reporting higher profit. Consumer- staples producers and phone companies also climbed.
Emerging-market stocks rose for an eighth day, the longest rally in 15 months, as an increase in U.S. manufacturing bolstered confidence in global growth and concern eased that the crisis in Ukraine would escalate.
China’s stocks rose, sending the benchmark index to its biggest two-day gain since November, amid speculation the government will take further steps to bolster the economy after a manufacturing index unexpectedly fell.
China’s stocks rallied, sending the benchmark index to its biggest gain in four months, amid speculation the government is loosening funding restrictions for property developers and banks to support economic growth.