Stocks and commodities rallied in the U.S. and Asian equity futures (NKA) rose on signs the U.S. economy is improving and as Federal Reserve officials downplayed investor speculation they will curb stimulus soon. Crude oil surged while gold sank below $1,200 an ounce. The Standard & Poor’s 500 Index (SPX) climbed 0.6 percent to 1,613.2 in New York after a 0.7 percent advance in the Stoxx Europe 600 Index. Futures expiring in September on Japan’s Nikkei 225 Stock Average added 1.1 percent by 3 a.m. in Osaka, as contracts on stock indexes in Hong Kong and Australia also increased at least 0.5 percent. Gold dropped to a 34-month low, while the S&P GSCI gauge of 24 raw materials jumped...
↧