Crude Declines as Russian Oil Output Climbs to Post-Soviet High

Crude dropped from a two-week high as Russian production climbed and new data on Chinese manufacturing signaled a slowdown in demand. Futures fell 1 percent in New York. Russian oil output broke a post-Soviet record in October for the fourth time this year, while Iran said it will tell OPEC next month of its plans to raise production by 500,000 barrels a day. China’s purchasing managers index remained at 49.8 in October, the National...

Gold Drops Four-Week Low as Fund Holdings Fall on Fed Outlook

Gold declined to a four-week low and investors cut their holdings in bullion-backed funds to the smallest in two weeks as traders gave even odds that the Federal Reserve will raise interest rates in December. Gold futures for December delivery dropped 0.5 percent to settle at $1,135.90 an ounce at 1:55 p.m. on the Comex in New York, after touching $1.132.50, the lowest since Oct....

Nasdaq 100 Jumps to 15-Year High as Augusts Tumble Is Erased

Another step in the recovery from this summer’s equity meltdown occurred Monday as an advance in U.S. stocks pushed the Nasdaq 100 Index above its July high and toward record territory. The index’s 1.1 percent advance Monday moved its rally from an August trough to 17 percent, making it the first major index of U.S. stocks to retake a multiyear high established earlier in 2015. As of Monday’s close, the Standard & Poor’s 500 Index...

Stocks Rise as Bonds Fall Amid Deals, Factory Data; Oil Slips

Global stocks resumed an autumn rally, while bonds retreated as firmer factory data in Europe and the U.S. countered a slowdown in China. U.S. stocks joined gains in overseas equities, with health-care sector deals adding to optimism after factory data in Europe and America topped estimates. The unexpected acceleration in output damped demand for government bonds. Oil led commodities lower as Chinese manufacturing contracted. The ...

European Stocks Rise as Euro-Area Manufacturing Beats Estimates

European stocks advanced as better-than-expected manufacturing in the region outweighed disappointing Chinese output data. Commerzbank AG rose 6.6 percent after the German lender said quarterly earnings increased by 25 percent, while Chief Executive Officer Martin Blessing prepares to leave the company. HSBC Holdings Plc fell 0.8 percent as RBC Capital said that the bank’s decline in income will lead analysts to downgrade their estimates....