Stocks Rise With Copper on China Loans as Pound Gains

Posted by Bloomberg

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Stocks rose, with a global benchmark extending the longest rally since 2010, and copper climbed after record lending boosted prospects for growth inChina. Italian bonds gained while gold and silver advanced.

The MSCI All-Country World Index increased for a ninth day, adding 0.3 percent at 7:10 a.m. in New York.Standard & Poor’s 500 Index (SPX)futures climbed 0.2 percent, with U.S. markets shut for Presidents’ Day. Shanghai’s equity gauge jumped to a two-month high, with the Philippine peso and Indonesian rupiah leading gains in emerging-market currencies. Italian and Spanish 10-year government bond yields fell to eight-year lows. Copper rose 0.4 percent, gold advanced 0.6 percent and silver extended its longest run of gains since at least 1968.

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