Economic reports from China, Japan, and Australia showed accelerating growth and that helped to send stocks higher. Stocks, commodities and the Euro all rallied at the same time as Treasuries declined and gold fell. The S & P 500 index increased 3 % by the end of the day.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/apps/news?pid=20601010&sid=aYeNQDkGQp0Y
Jim Sutliff