Bloomberg The euro strengthened to a four-month high, and European bond spreads narrowed after leaders made progress in negotiating a historic stimulus package. European shares erased losses. Italy’s 10-year bond yield spread over Germany, a key gauge of risk in the region, fell to the lowest level since March. US equity futures pointed to a weaker open. AstraZeneca Plc gained …

Bloomberg India stocks rose as investors focused on company earnings commentaries while weighing the impact of the continuing spread of coronavirus infections on the business outlook. The S&P BSE Sensex climbed 1% to 37,388.14, as of 10:08 am in India, after closing above a key technical barrier and capping its longest stretch of weekly wins since December. The measure’s 50-day …

Bloomberg The world’s biggest money manager is joining a wave of global investors taking profits in Chinese equities after a historic rally, and plans to shift some of the funds to emerging markets that are in a more nascent stage of recovery. Gordon Fraser, co-head of global emerging markets equities at BlackRock Inc., began betting on stocks in countries such …