(Bloomberg) -- U.S. and European stocks rose as earnings from Daimler AG to Microsoft Corp. beat estimates. Emerging-market shares advanced to an 18-month high as Indonesia’s rupiah led gains among higher-yielding currencies.
The Standard & Poor’s 500 Index increased 0.2 percent to a record 1,987.41 at 9:33 a.m. in New York. The Stoxx Europe 600 Index climbed 0.2 percent and the MSCI Emerging Markets Index rose 0.3 percent. The rupiah strengthened 0.7 percent against the dollar and Russia’s ruble gained 0.4 percent. The yield on 10-year Treasuries fell 1 basis point to 2.46 percent. Oil advanced 0.3 percent.
Copyright 2016 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.