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Inside the Market

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Before the Bell: Stocks set to rally as Yellen soothes nerves Add to ...

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The Before the Bell report is compiled by editors of The Globe and Mail and is updated throughout the morning to reflect latest developments. Colin Cieszynski, Chartered Financial Analyst and Chartered Market Technician, is chief market strategist with CMC Markets.

The rally in stock markets picked up pace overnight, with overseas equities posting significant gains, including 2.1 per cent for the Hang Seng in Hong Kong and a rise of more than 1.5 per cent for both London's FTSE and Germany's Dax. The rally has followed through into U.S. trading this morning, with index futures for the Dow and S&P 500 trading up about 0.6 per cent. TSX 60 futures are up about 0.7 per cent, also indicating a solid start to trading.

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