Stocks advanced, buoyed by robust U.S. manufacturing data that boosted investors’ confidence. The dollar rose against the safe-haven yen, while Treasury yields fell as investors remained cautious on global growth worries. Oil jumped on confirmation on March producers meeting and spot gold traded higher.
Now we are in open territory to push higher if bulls gain control. The SPX was able to recover 8.2% in the last 14 days from the lows.