By Chris Becker
The expected rebound in risk continued last night after the usual weekend gap, with US stocks surging around 1% as the US dollar weakened. With no major economic data releases last night, there weren’t any catalysts to upset the rebound following this months QE-ending correction on risk markets.
The S&P500 finished above 1900 points, first after following a weaker European lead, making a new three day high: