US equities post a huge gain as bond yields retrace

  • Closing changes

Closing changes:

  • S&P 500 +72 points, or 2.0%, to 3719
  • Nasdaq Comp +2.1%
  • Russell 2000 +3.3%
  • DJIA +1.9%
  • Toronto TSX Comp +2.1%

The S&P 500 got into Friday's gap but couldn't close there. Despite the huge gains, we're going to need a few more days like this to get some breathing room above the June lows. All eyes will remain on the bond market.

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