Economics
Market Optimism Is Surging Ahead of the Fed Decision
- Stocks, copper rise while Treasuries fall as VIX sets new lows
- Signals of economic strength come just as Fed debates outlook
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The global economic outlook has brightened just in time for the Federal Reserve’s policy meeting, and markets are taking notice.
The S&P 500 Index set a fresh record, high-yield bonds rallied with copper and commodity currencies while Treasuries slumped after a crescendo of data worldwide reassured investors that the economic rebound is on track.