The dollar has been rising in recent days, partly reversing a trend of weakness and highlighting more optimism about the economy that could enable stocks here to outperform their counterparts overseas for the near term.
U.S. Dollar Index
(ticker: DXY) rose 0.55% to 90.60 as investors moved money into so-called haven assets. Yields on 10-year Treasury debt and German 10-year bonds fell, though they later recovered. Gold rose 0.6%.