TR - S&P 500 rises 1% as stocks recover from worst week since October

Traders appear to be getting some more clarity on the trades that will be allowed this week after uncertainty over transactions led to the market's worst week since October. Robinhood has limited stock restrictions to eight companies (users can still only buy one share of GameStop), while Interactive Brokers reopened trading in options for the volatile WSB/Reddit names. Flows that were also pulled from brokerages last week due to angst over restricted trading may also be coming back into the market and futures are reflecting the renewed optimism in premarket trade: Dow +0.7%; S&P 500 +0.9%; Nasdaq +1.1%.Analyst commentary: "The week's events may have turned markets on their heads, but fear indicators imply that we may have seen the worst of the degrossing," Jefferies wrote in research note. Barclays added that it's unlikely the ongoing short squeeze in a few stocks by retail investors has raised concerns of a broader

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S&P 500 rises 1% as stocks recover from worst week since October