Bloomberg Stocks rose along with Treasury yields as investors deemed the market reaction to Italy’s political turmoil overwrought. The dollar slipped and oil rose. The S&P 500 Index headed for the first gain in four days as US 10-year yields pushed above 2.84 percent, boosting financial shares that had sold off on Tuesday as worries about Italy leaving the euro …

Bloomberg Traders in China are unwinding positions in Tencent Holdings Ltd. faster than ever, turning to other targets amid a lack of reasons to push Asia’s biggest stock any higher. Mainland investors sold a net $81 million worth of shares in the Chinese Internet giant through trading links with Hong Kong on Tuesday, according to exchange data. That’s the 12th …

Bloomberg Just when central bankers thought they were about to get out of the business of emergency economic stimulus, jittery financial markets are threatening to pull some of them back in. For the European Central Bank, the latest threat requiring vigilance is political turmoil in Italy that’s reviving memories of the debt crisis that threatened to fracture the euro area. …