Global stock markets are attempting to recover from yesterday’s sell-off. S&P 500 futures (US500) has hit an upper trading limit of 5%, preventing more gains. There was a similar situation yesterday but the index has hit the lower trading limit. Moods are much better than they were a day ago and the index may be set for more gains after cash session open. Meanwhile, German DAX has hit the 11,000 pts !
US500 jumped overnight and recovery continued into the European session. The index trades around 2% lower against Friday’s close. Source: xStation5
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