Having been rocked by a profit warning from retailing giant Walmart in the previous week, stockmarkets shrugged off the fear of recession and managed an impressive rally. America led the way, with the major indices there bouncing nearly 10% off their recent lows. European markets had already been outperforming but, nevertheless, enjoyed the additional tailwind. Indeed, it was a week in which just about everything was up. Even bond markets staged a recovery: corporate bonds across the globe had their first positive month in nearly a year, and government bonds had their best month since the start of the year. 

Stocks featured:

• Apple 
• Dollar Tree 
• The Gap
• Southwest 
• JetBlue 
• Tesla 
• Twitter

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