Good morning everyone. At eleven o'clock AM, Wall Street is showing renewed strength with the S&P five hundred now up thirty one points, trading at seventy five oh four point five three. That's a solid four tenths of a percent gain as buyers step in following yesterday's volatility.
Oil is holding firm near ninety dollars and twenty three cents a barrel, while gold continues its remarkable run, currently quoted at forty four sixty nine point eight. Bitcoin remains well above seventy five thousand, sitting at seventy five oh seventy point eight one.
The big story right now is the broad participation across equities. We're seeing momentum build as investors digest the latest economic data and rotate back into risk assets. The VIX is not available at the moment, but implied volatility across options remains in focus as we approach the weekend.
This market is moving on conviction, and right now the bulls are clearly in control.
This is Miss Vicky from the Options Desk at VixShield. Stay with us as Russell Clark joins with more analysis.