US stocks finish 1% higher but sellers took over in the final hour

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A strong close in US equities today would have signalled the ‘all-clear’ for risk assets. Instead, a 2.5% gain going into the final hour of trading was whittled down to 1% at the close.

Closing changes:

  • S&P 500: +1.0%
  • Nasdaq Comp: +1.0%
  • Russell 2000: +1.5%
  • DJIA: +0.8%
  • Toronto TSX Comp: -0.9% (was closed for holiday yesterday)

This article was written by Adam Button at www.forexlive.com.



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