MARKET WRAP: Markets Recovered Its Losses

Stocks moved higher but the focus remains on Brexit, expect higher volatility at 07:00 p.m London time 


  • The S&P 500 Index jumped 0.6 percent, NASDAQ 0.86 percent, and Dow Jones 0.61 percent as of 15:41 in London.
  • The Stoxx Europe 600 Index rose 0.3 percent.
  • The MSCI All-Country World Index gained 0.4 percent.
  • The VIX index fell 2.90 percent and VSTOX dropped -1.90 percent.
  • The Dollar Spot Index dropped 0.1 percent.
  • The Euro jumped 0.2 percent to $1.1307, the highest level in a week.
  • The British pound continued its upward move and jumped higher by 0.8 percent to $1.3181.
  • The Japanese yen continued its sideway move and stayed at 111.36 per dollar.
  • The yield on 10-year Treasuries jumped one basis point to 2.61 percent.
  • Germany’s 10-year yield soared one basis point to 0.06 percent.
  • Britain’s 10-year yield also moved higher by three basis points to 1.19 percent.
  • West Texas Intermediate crude maintained its uptrend and soared 1.9 percent to $57.97 a barrel, the strongest in four months.
  • Gold stayed above 1300-level and jumped 0.4 percent to $1,307.36 an ounce.