It’s weird to see the big, red Tesla Motors “T” logo hanging from the side of a house or a building. But it’s the real deal. The company’s march from the automobile to the home, office, and factory has begun.
Companies boosted payrolls in November by the most in a year, a sign that U.S. employers were optimistic about demand after the end of a government shutdown a month earlier, a private report based on payrolls showed today.
U.S. stocks advanced, sending the Dow Jones Industrial Average to a record close, as Federal Reserve officials said economic weakness warrants continued stimulus and investors await data this week on jobs and growth.
Emerging-market stocks rose for a sixth day as lower-than-forecast growth in U.S. payrolls fueled speculation the Federal Reserve will refrain from tapering stimulus. Brazil’s Ibovespa climbed to a seven-month high.
Treasury bill rates surged to the highest level since the securities were sold in April and U.S. stocks snapped a four-day rally as lawmakers failed to reach an agreement to extend the government’s borrowing limit less than two days before the deadline. Oil fell and gold erased losses.