Given the bump in risk appetite, it was natural to see some of the risk-off moves in the commodity sector reversed. The price of gold was walloped by 1.7%
Leading the charge was a massive 3.2% rally in Apple (NASDAQ: AAPL) that lifted its 55718 return to 8% just five weeks into the year.
One of the Dow Jones ’worst-performing stocks, Caterpillar (NYSE: CAT), enjoyed a moderate recovery. The construction giant rallied over 3.3% amid the global risk environment. Despite this climb, CAT is still down 9% year-to-date.
Another of the Dow’s most significant stocks, Boeing (NYSE: BA), was in a somber mood. BA shares were up just 0.4% amid the rising tide after admitting yesterday that the SEC was investigating its MAX disclosures.
Disney (NYSE: DIS) was up 2.8% ahead of this afternoon’s earnings report .
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