YCL - Markets Extend Recovery But Look For A Pause
Overview: The S&P 500 gapped higher and surged 1.5% yesterday, the most since in six months, helping set the stage for a continued recovery in global equities, and stoked risk appetites more broadly. An experimental antiviral treatment is to begin clinical testing. All of the markets in the Asia Pacific region advanced, with Japan, China, and Singapore gaining more than 1%. Europe's Dow Jones Stoxx 600 is powering ahead with a 1.25% gain through the morning, the third consecutive advance, led by information technology and materials. Real estate and utilities are struggling. US shares are