Economics

Panic Proves Fleeting in February as Stocks, Bonds Rise

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For all the talk of a crisis at the start of the month, February ended up being the best period for global markets since July.

Stocks, bonds and commodities rose together in February for the first time in seven months, reversing January’s losses in equities and raw materials. The Standard & Poor’s 500 Index has closed at a record for two straight days, erasing losses from January spurred by concern economic turmoil would spread from emerging markets as the Federal Reserve began reducing stimulus efforts.