
by
Cecile Gutscher
and
Jeremy Herron
December 14, 2016, 6:15 PM EST December 15, 2016, 4:12 PM EST
The dollar rallied to its strongest level since 2003 against the euro, while gold plunged as the prospect of a steeper path for U.S. interest rates going forward filtered through markets. U.S. stocks rebounded from their worst day in two months as havens retreated.