- Wall Street soars, with the Dow rising 2.8%, the S&P 500 up 3.3% and the Nasdaq leaping 4.4%. The latter hit their highest since early March, all three close above their 200-day moving averages.
- Among the key global equity index gains – Hang Seng and Hang Seng tech up 3% and 5%, respectively; India up nearly 4%; Japan and MSCI Asia ex-Japan up 2%.
- U.S. Treasury yields shoot higher, by as much as 13 bps at the short end. The 2-year yield climbs back above 4.00%.
- Gold slides nearly 3%.
- The dollar index leaps 1.4%, its best day since the U.S. election last November and one of its best in recent years. Dollar/yen soars 2%.
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