Stocks Jump Late to Close Positive; Bonds Fall: Markets Wrap
- Most euro-zone sovereign bonds are lower ahead of ECB meeting
- Energy, industrials outperform amid rotation from growth
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U.S. stocks erased losses in the final moments of trading as investors continued to gravitate to value shares.Treasury yields rose for a fifth day.
The Dow Jones Industrial Average closed positive, while the S&P 500 was little changed and the Nasdaq ended in negative territory. The Dow had briefly turned up midday following a report that China is ready to buy more U.S. agricultural products.