Charting the Markets: Stocks Rally to Erase the Week's Losses
Volatility is down while stocks and oil are up
Pumping jacks stand near an Anadarko Petroleum oil rig site in Fort Lupton, Colorado, U.S.
Photographer: Jamie Schwaberow/BloombergThis article is for subscribers only.
The turmoil in financial markets to start the week is fast becoming a blip in the rear-view mirror, with developed market equities posting robust gains on Thursday as volatility subsided and the commodity complex largely advanced.
Measures of implied equity volatility, which spiked earlier this week, retreated sharply in both Europe and the United States.