A data-filled day lies ahead after a volatile night of trading as stocks end the session higher.

It was a session of large swings overnight as stocks bounced back from the hammering it took in early-mid trading. The Dow led the charge in a remarkable night of trading. After plummeting around 650 points from its session high the day before, it staged a monumental comeback that saw it end the session higher by quite a long way. From a low of 23,394.00, it smashed out solid gains as it added almost 1,000 points to its current high of 24,343.00. The S&P 500 and NASDAQ all followed suit and posted strong gains. The Dax also rode the wave of market rallies overnight, although it finished near where it opened the session. After dropping around 270 points, it staged a recovery around the same time as the Dow, erasing all of those losses and added around 300 points to close the session at a high of 12,073.80.

The EUR/USD showed some volatility, but largely returned to the same trading range it started the session with. After falling to lows of $1.22559 early, it staged a sharp turnaround to hit session highs of $1.23142. The pair subsequently gave up a chunk of those gains however, currently trading at $1.22840. The GBP/USD showed larger movements as it went from an early high of $1.40958 to lows of $1.40138. It recovered most of those losses though, currently trading at $1.40842.

Looking at the day ahead and there is plenty of data set for publication. This includes:

China – Bank holiday

Australia – Trade Balance

NZ – ANZ Commodity Prices

UK – Services PMI

Canada – Trade Balance

US – Unemployment Claims, Trade Balance, Natural Gas Storage, Challenger Job Cuts, FOMC Member Raphael Bostic speaks

Europe – German Factory Orders, Swiss CPI, Italian & Spanish Services PMIs, European, German & French Final Services PMIs, European PPI & Retail Sales, Swiss National Bank Member Andrea Maechler speaks

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