The market bounced back with hearty enthusiasm this week after a punishing start to the year that included wide swings in both directions.
The SPDR S&P 500 ETF Trust (NYSE: SPY) gained more than 3 percent as strong jobs data and a consolidation in interest rates helped buoy confidence in stocks.
The biggest story of the week might be the strength in the United States Oil Fund LP (ETF) (NYSE: USO), which gained more than 10 percent in the form of a sharp bear-market rally. Many analysts are focusing on the volatility in crude oil as a function of aggressive trading bets, but it may be too early to tell ...
Full story available on Benzinga.com
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