Markets rose on Thursday.
The S&P 500 rose 0.8 percent, the STOXX Europe 600 rose 0.8 percent and the Nikkei 225 jumped 1.5 percent.
Investor sentiment was boosted by news that the US House of Representatives passed a bill to overhaul the US tax code.
Neil Wilson, senior market analyst at ETX Capital, wrote in a note that the recent pullback “looks more like a technical correction before another assault higher, rather than the start of a more significant selloff”.
However, Michael Hewson, chief market analyst at CMC Markets UK, wrote that “major indices are starting to show signs of fatigue” and that “it wouldn’t take much more of a push for markets to fall even further”.
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