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Historically this is the quietest week of Trading during the year but this year things are different.
One day after the S&P 500 suffered it’s biggest Christmas Eve rout on record the S&P 500 Index has enjoyed a 116.6 point surge. This move makes it the biggest percentage rebound since March of 2009 when QE1 was announced and the market jumped 7% compared to the 4.96% experienced last night.
So lets take a look at some of those crazy market stats in the aftermath of last nights Boxing Day Trading Session.
There were three other “crazy market statistics” as Bloomberg dubbed them, that defined today’s market actions:
S&P 500 Chart:
2019 & Beyond:
The end of the year is fast approaching but it looks like January to March of 2019 will be set for volatility with China Trade Deals, US Federal reserve meetings and the US Shutdown/Debt Ceiling becoming the focus for each large market move.
Picking a Trading Broker:
Our Broker Choice: One of the brokers we recommend at FX Evolution is Pepperstone. You can Click Here to find out more information.
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