Europe joins the party

European equities halt a seven-day slide

8th February, 2018
The S&P 500 is coming off its best day in 15 months, as buyers picked over the wreckage from Monday’s 4.1 per cent rout. Picture: Getty

US stocks climbed, with all industry sectors showing gains, as investors looked past concerns that a strong economy may accelerate the removal of monetary stimulus.

The Dow Jones Industrial Average and S&P 500 Index both rose yesterday, building on the previous session’s late surge.

Treasuries rose, pinning the 10-year yield below 2.80 per cent, while the dollar advanced.

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