Economics
Stocks Rise to Four-Week High, Metals Advance, Bonds Rebound
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Global stocks rose to a four-week high and industrial metals rallied amid growing optimism about the prospects for economic growth. European bonds rebounded from three days of losses.
The MSCI World Index of shares in 24 developed markets climbed 0.4 percent at 5 p.m. in New York, where exchanges were closed for the Labor Day holiday. Standard & Poor’s 500 Index futures advanced 0.1 percent in Chicago. Brazil’s Bovespa index advanced. German bunds and U.K. gilts rose, while copper and nickel gained and oil fell.