BLOOMBERG.COM
Stocks rose around the world, spurred by the biggest three-day rally in commodities since May, as oil extended its advance on optimism that OPEC will cut output. Miners led the MSCI All-Country World Index higher and futures signaled U.S. equities will extend their gain after closing at a record. Oil reached the strongest level in more than three weeks as Nigeria signaled optimism that the Organization of Petroleum Exporting Countries will agree a supply-cut deal with a meeting scheduled for next week in Vienna. Copper headed for its highest close since July 2015. Euro-area bonds rose on optimism the region’s central bank will extend stimulus.
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Stocks rose around the world, spurred by the biggest three-day rally in commodities since May, as oil extended its advance on optimism that OPEC will cut output. Miners led the MSCI All-Country World Index higher and futures signaled U.S. equities will extend their gain after closing at a record. Oil reached the strongest level in more than three weeks as Nigeria signaled optimism that the Organization of Petroleum Exporting Countries will agree a supply-cut deal with a meeting scheduled for next week in Vienna. Copper headed for its highest close since July 2015. Euro-area bonds rose on optimism the region’s central bank will extend stimulus.
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