Losses more than halved
The oil headlines helped draw a line under stocks and now the technical bulls are buying on hopes that support at 1812 holds.
That line gave way down to 1810 but it quickly reversed with oil. We're trading at 1837 now.
The problem for me with buying risk assets here is that tomorrow is a Friday ahead of a long-weekend and China re-opens on Monday (with the US closed). I just can't see anyone wanting to hold risk assets until US markets re-open on Tuesday.
