By Walter Grand in Economy —

Fear receded: the S&P 500 rebounded after falling nearly 2% at the start of trading

Fear receded: the S&P 500 rebounded after falling nearly 2% at the start of trading
Photo by Darko M. / Unsplash

The S&P 500 Index is now up 1.7%. Investors have decided to close short positions. The fundamental problems haven't gone anywhere, and the interest of shorts in this market may grow again.