US markets rebounded in a choppy trade Monday as doomsday fears about Italy recede. The Dow surged almost 1% while the Nasdaq lagged squeaked out only a marginal 0.1%l gain. Yesterday, the market’s worst day since mid-August, was triggered by a rapid rise in Italian bond yields. The 10-year bond yield yesterday surged past the 7% ‘point of no return’, and global investors began to feared the…
View the full post at http://blog.t3live.com
