S&P 500 Rises Most Since March, Bonds Fall on Ukraine
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The Standard & Poor’s 500 Index rose the most in five months while Treasuries fell, as speculation that Russia is de-escalating tension in Ukraine outweighed concern about crises in the Middle East. The yen strengthened.
The S&P 500 added 1.2 percent at 4 p.m. in New York, as its best rally since March 4 erased a decline for the week. Futures contracts on the Euro Stoxx 50 rose 0.4 percent after the Stoxx Europe 600 Index capped its first back-to-back weekly losses since March. Ten-year Treasury yields climbed one basis point after earlier sinking to the least in more than a year. The yen rose 0.1 percent versus the dollar.