Emerging stocks rose for a second day after protesters in Hong Kong began talks with the government. Russian stocks climbed after their biggest weekly drop since July, while South Africa’s rand jumped against the dollar.
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding following its longest losing streak of the year, and commodities advanced after jobless claims unexpectedly decreased. Treasuries fell.
Treasury 10-year notes advanced, while commodities retreated and U.S. stocks fluctuated, after President Barack Obama held his ground about raising tax rates for the highest-income Americans. The dollar weakened.