Equities

• Stocks in Asia rose Monday as confidence among US consumers increased in November and China’s manufacturing expanded
• MSCI Asia Pacific index rose 0.8% to 129.69 in Tokyo, with more than two stocks climbing for each that fell
• Shanghai fell 1.6% while Hong Kong’s Hang Seng slipped 0.7%
• US stocks declined on mounting sovereign debt worries and as Goggle faced an antitrust probe
  • The S&P 500 declined 0.6% to 1,180.55 while the DJIA lost 46.47 points, or 0.4%, to 11,006.02
• European stocks continued their downward trend as worries over the region’s sovereign debt crisis persist
  • The Stoxx 600 flucutated between gains and losses slipping 0.1% to 261.83 at the 4:30 p.m. close in London. Two stocks fell for each one that rose.

Bonds

• Treasuries fell, snapping Tuesday’s rally, before industry reports that economists said will show US manufacturing expanded and employers added the most jobs since December 2007
  • The 10 year yield was little changed at 2.80% as early morning in London
• The spread in yield between Italian 10-year bonds and German bunds widened to 199 basis points, Tuesday. The Spanish-German yield spread rose 17 basis points to 284 basis points and the yield premium for Belgian 10-year bonds reached 133 basis points, the highest since Jan. 2009. The German 10 year bund yielded 2.7% Wednesday morning.

Commodities

• Oil gained Wednesday as signs of accelerating economic growth in China, the world’s biggest energy consumer, overshadowed concern over Europe’s debt crisis
• The January contract rose as much as 39 cents to $84.50 a barrel in electronic trading on the New York Mercantile Exchange and was at $84.48 a barrel at 1:17 p.m. Singapore time
• Gold advanced on mounting European debt worries increasing demand for haven investments
  • Immediate-delivery gold climbed as much as 0.3% to $1,390.20 an ounce and traded at $1,389.65 at 1:42 p.m. in Seoul