Prime Minister David Cameron is sidestepping British diplomats to push a plan to loosen ties with the European Union, instead encouraging his own lawmakers to promote his most ambitious foreign-policy initiative.
U.S. stocks rose, led by automakers and technology companies, as a Senate panel voted to authorize military action in Syria and the Federal Reserve said the economy maintained a “modest to moderate” pace of growth.
Companies like DirecTV and McDonald’s Corp. that frequently buy back their own shares are recommended holdings for a “balanced global portfolio,” Citigroup Inc.’s Robert Buckland said in a note dated yesterday.
Stocks rose for a second day and industrial metals rallied as slower-than-forecast Chinese inflation eased pressure on policy makers to tighten credit. The yen rebounded after a three-day slump took it to the weakest level since 2009 while the dollar weakened versus most peers.