12.29.2011
By Markets Media

Equities In Play

The market continues to fluctuate despite the four day trading week in U.S. equities.

After a multiple point drop across all asset classes yesterday,stocks came roaring back while gold continued to fall.

The S&P 500 climbed 13 points to 1263. The Dow Jones Industrial Average shot up 132 points to 12,287, giving hope for Bullish traders who still believe a rally is imminent.

Gold fell for the sixth consecutive session in a row to $1524 an ounce. The metal is undergoing a severe correction that has wiped out plenty of stop orders on it’s way down.

Meanwhile, the Chicago Board Options Exchange Volatility Index dropped a few percentage points to 22. It has been over a week since the VIX touched 30, seen as a key line in the sand for traders.

Related articles

  1. Corporate Bond Trading on the Rise

    With Adam Conn, Head of Trading, Baillie Gifford

  2. Fixed Income Liquidity to Become More Centralized

    Clients will have the ability to interact with a larger liquidity pool while minimizing market impact.

  3. Agency broker moves beyond execution to offer a broader suite of services.

  4. The regulated blockchain infrastructure platform announcedĀ the sixth broker-dealer to join.

  5. Hong Kong Aims to Extend Shanghai Link
    From The Markets

    Hong Kong Consults on SPACs

    Market feedback is being sought during 45-day consultation period