Emerging-market stocks climbed for a fourth day as President Vladimir Putin said Russia will do all it can to end the Ukraine conflict, spurring speculation tension will ease. The ruble and South Korean won advanced.
Stocks fell around the world as earnings from Samsung Electronics Co. to Deutsche Lufthansa AG trailed estimates and Argentina missed a payment on its bonds. Oil dropped for a fourth day and the dollar strengthened.
Treasuries declined for a second day as reports showed euro-area manufacturing and services grew while a gauge of Chinese factory activity rose to an 18-month high in July, damping demand for the safest assets.