Closing changes:
- S&P 500 up 1.9%
- DJIA +1.7%
- Russell 2000 +2.5%
- Nasdaq Comp +1.8%
- Toronto TSX Comp +2.75%
There was a small pullback today just ahead of the European close but otherwise, it was one-way traffic and stocks closed right at the highs. I thought we might see some angst ahead of Apple earnings or tomorrow’s data but that wasn’t the case at all. What a day.
S&P 500 daily
It was the best day of the year for Canadian stocks and included a huge rebound in US regional banks, helped along by a tweet from Bill Gross, who said he was buying them.
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- Source: https://www.forexlive.com/news/us-equity-close-massive-gains-20231102/
