Remarks by ECB President Mario Draghi raised hopes for further monetary stimulus and buoyed stocks, while the euro traded lower against the dollar. Oil rebounded from 12-year lows on short covering. Treasuries fell on weak investor demand at $15 billion auction of 10-year TIPS and gold futures slipped.
The policy tightening kicked off by the Fed this week promises to be among the longest and slowest of modern times. The S&P500 trader lower at first then closing at the highs of the day. Today, a day later experienced a significant sell off.Â The VIX trader lower and the Yields higher The world market
Now, there is only 20 points to reach 2100 where some resistance will appear. Financial shares added gains and pushed indexes higher in volatile trade after Federal Reserve hinted a possible rate hike in December. The dollar touched its highest level against the euro in more than two months and Treasury yields rose, while gold