It's a No Taper Day Today on Wall Street

Despite Fed minutes that left the door open to a December taper contingent on better economic stats, the markets are taking the relatively upbeat data over the last two days in stride. The S&P500 is now up about 25 points from Wednesday's "Taper On" low, while 10 year bond yields have fallen back 9bps and the dollar has its sights fixed on Wednesday's "Pre Taper On" trough. We do note, however, gold's lack of enthusiasm either way.