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US stocks finish 1% higher but sellers took over in the final hour

A strong close in US equities today would have signalled the ‘all-clear’ for risk assets. Instead, a 2.5% gain going into the final hour of trading was whittled down to 1% at the close.

Closing changes:

S&P 500: +1.0%Nasdaq Comp: +1.0%Russell 2000: +1.5%DJIA: +0.8%Toronto TSX Comp: -0.9% (was closed for holiday yesterday)

This article was written by Adam Button at www.forexlive.com.

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