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Commodities rise with stocks before Yellen speech; Pound falls

  BLOOMBERG Miners and energy companies led stocks higher and commodities advanced on speculation the Federal Reserve will hold off from raising interest rates this month. The pound slumped following polls that showed Britons favor exiting the European Union. European stocks and S&P 500 futures advanced as the Bloomberg Commodity Index reached its highest level since October, with Brent crude ...

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Brexit fears spurring traders to buy volatility, trim stocks

  Bloomberg The pound tumbled and currency volatility surged on Monday after two polls showed more Britons favor a vote to leave the European Union at a June 23 referendum than those who want to stay. That prompted a money manager 10,500 miles away in Sydney to buy stock-market protection, while a brokerage in Bangkok is advising clients to trim ...

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Megacaps are now S&P 500’s curse as smart beta gets payback

  Bloomberg The world is turning upside-down for U.S. equities, with the biggest gains coming from a strategy that has done little of late but deliver losses to investors and taking over market leadership from large technology stocks. With companies from Microsoft Corp. to Apple Inc. floundering, baskets of stocks that are free of capitalization biases — known among traders ...

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