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U.S. Stocks Gain the Most Since August; Oil Jumps: Markets Wrap

Updated on
  • Nasdaq 100 ends five-trading session slide; gold declines
  • Casino companies fall on China regulation concern; bonds drop
Ken Wong, Asian equity portfolio specialist at Eastspring Investments, discusses Japanese equities, his investment strategy and where he’s finding opportunity. He speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg)

Stocks rose the most in almost three weeks as the concern that has weighed on investor sentiment about a slowdown in economic growth eased. Crude oil jump and bond yields rose.  

Energy shares helped push the S&P 500 up 0.9% and into positive territory for only the second time in eight trading sessions. The tech-heavy Nasdaq 100 rose for the first time in more than a week. Treasuries fell after rallying Tuesday on a lower-than-forecast inflation report, while the dollar weakened against most major peers.