European Stocks Climb With U.S. Futures, Oil as Treasuries Drop

Updated on
  • S&P 500 erases 2.9% gain, yen pares loss as swings accelerate
  • China rate-cut optimism cedes to apprehension in final hours

El-Erian: Today's Late-Day Selloff Is Worrisome

Volatility continued to jolt financial markets after a rebound that took the Standard & Poor’s 500 Index up 2.9 percent melted away in the final hours of trading. The dollar pared gains while Treasuries trimmed losses.

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