If this morning’s opening rally holds, U.S. equities — after a rough start — will eke out a gain for the week. Commodities on the other hand are (save for oil) following through this morning on what I — per my recent video messaging — view (for now) as some necessary (healthy) corrective action.
Asian equities leaned green overnight, with 10 of the 16 markets we track closing higher.
Europe’s having a nice go of it this morning, with all but 2 of the 19 bourses we follow in the green as I type.
U.S. major averages are up across the board: Dow up 307 points (0.90%), SP500 up 0.67%, SP500 Equal Weight up 0.89%, Nasdaq 100 up 0.42%, Nasdaq comp up 0.52%, Russell 2000 up 1.27%.