Bloomberg The S&P 500 Index climbed from a 14-month low as investor nerves seemed to steady a day after a rout in US stocks. US stock gains were led by technology and health companies. The Stoxx Europe 600 Index pared losses by more than half to trade slightly lower on the day. Treasuries and the Japanese yen advanced amid a …

Bloomberg For foreign-exchange traders, a no-deal Brexit is bound to sink the pound no matter what protections are put in place to mitigate immediate financial risks. As lawmakers hit gridlock over Prime Minister Theresa May’s proposed withdrawal accord, some have suggested Britain could leave the European Union without a divorce deal in hand and take steps to control and contain …

Bloomberg The European Central Bank’s purchase of almost 180 billion euros ($204 billion) of corporate bonds has upended the region’s credit markets, even if some fast-moving indicators are back to pre-intervention levels. Metrics such as spreads and the number of negative-yielding bonds have largely returned to levels seen in early 2016, before the ECB announced plans to start buying corporate …