Industries News
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Oil climbed to a six-week high after manufacturing in the U.S. and Asia expanded in December and as concern persisted that further sanctions against Iran may disrupt shipments.
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U.S. consumers, who are more confident than they have been in eight months, were lured to auto showrooms by holiday discounts and may have pushed car sales to the second fastest pace in more than two years.
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WJB Capital Group Inc., a Wall Street firm with more than 100 employees, is shutting its brokerage operations amid “financial issues,” according to its main attorney.
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Stocks surged, driving the Standard & Poor’s 500 Index to a two-month high, and commodities climbed on signs of increasing manufacturing output around the world. The dollar weakened and U.S. Treasuries fell.
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