Stocks close higher in steady bounce back from sell-off

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Julie Hyman News

Nasdaq Composite,Slow Recovery,Volatility Index

Stocks (^DJI, ^IXIC, ^GSPC) end Tuesday's session higher in a slow recovery from Monday's widespread sell-off. The S&P 500 and Nasdaq Composite both rose by ...

But we did see a bounce here.If you pull that back to two days, you see that it hasn't recouped the losses.You can see that sell off a little bit more acutely here If you look at the S and P 500 similar story here, we're covering a percent on the day here, but over the two days, still down 2% NASDAQ.We also saw this whip sawing happening in the vics that we've been talking about with that big increase that we saw yesterday just to come right down today again.

As for the Japanese yen, which we've been walking watching closely as well a little bit of stability as well there today and some speculation that the Bank of Japan, who's sort of, um, increase in rates last week sort of set off this carry trade unwinding that we have been talking about. Industrial action by GPs could push more than a million extra cases to Accident and Emergency departments, health service modelling shows.

 

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