S&P 500 Rises to Record While Gold Declines With Grains

The Standard & Poor’s 500 Index climbed to an all-time high as reports showing increases in durable-goods orders and consumer confidence boosted optimism in the world’s largest economy. Emerging-market stocks retreated while gold and grains declined.

The S&P 500 rose 0.6 percent to 1,911.91 at 4 p.m. in New York. The Russell 2000 Index of smaller companies rallied 1.4 percent. The MSCI All-Country World Index gained 0.2 percent to the highest level since November 2007, while the MSCI Emerging Markets Index lost 0.9 percent as Russia’s Micex dropped 2.2 percent. Ten-year Treasury yields were down two basis points at