S&P up 1.95% on the day. The week results are still negative.
The US major stock indices are ending the day with solid gains.
- The S&P rose by 1.95% to 1864.77. Yesterday, the lows for the year were taken out at 1812 (low came in at 1810.10). So the rise to 1864.77 is a result.
- The Nasdaq gained 1.66%
- While the Dow increased by 2%
For the day, the major indices in Europe and US did just fine...
For the week, however, the results were less than stellar, with Nikkei plunging -12.28% for the week. The Spanish Ibex was down -6.81%. The France Cac was down -4.89% and the German Dax was down -3.43%. The US fared reasonably well with the S&P only down -0.82% and the Nasdaq down -0.59%. The Dow fell by -1.43%
In other markets today.
- Crude oil prices rebounded to $29.06 +10.87%
- Gold fell by about $8 to $1238
- 2 year note yield 0.709%, +6 basis points
- 5 year note yield 1.196% +6 basis points.
- 10 year note yield 1.739%, +8 basis points.
- 30 year bond 2.598%, +10 basis points
