Risk On as Driven by M&A News
The rise in risk appetite gained further supports by M&A news yesterday. Wall Street advanced despite weaker-than-expected Empire State manufacturing index with DJIA and S&P 500 climbing -1.90% and 2.18% respectively. The US dollar fell, driving commodity prices higher, as the market speculated additional easing from the Fed.
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Risk On as Driven by M&A News

