The recovery continues. S&P 500 rises 1.3%

The U.S. stock market is up almost 4% in two days. However, there is no special reason for rebound. The inflow of liquidity to the market is due to redemption of treasuries by the U.S. Treasury.

Reporting season has started and many US banks have already presented their 3rd quarter results. They turned out to be better than forecasts, but in fact the sector's revenues have fallen considerably over the year.