One day after the big stock sell off on Tuesday, stocks recovered in a bid way
on Wednesday. The primary indices in the U.S. moved higher across the board as
the Dow Jones, Nasdaq, and S&P 500 finished the yesterdays session in the green.
Positive news spread via the Federal Reserve. Investors were reassured that the
Feds are willing to take further action to stimulate the economy. Investors were
also pleased to find that interest rates will remain at record lows. The
positive momentum gained during the last trading session was not enough to help
indices in the U.S. position higher for the open today. Prior to opening bell,
stock futures tracking revealed red across the board for the DJIA, Nasdaq, and
S&P 500 futures. Stocks positioned for the lower open this morning. Global
markets are mixed today. The Nikkei in Japan in Japan and the Hang Seng in Hong
Kong closed red today while the Shanghai Composite in China finished the day
green. Markets in the eurozone finished stronger. As the session reaches the
halfway point in the U.S. trading session, the primary indices are green across
the board. The DJIA was higher by .88 percent at 1,939.95. The Nasdaq was higher
by .74 percent at 2,659.39 and the S&P 500 was higher by .72 percent at 1,246.77
as of mid-day in the U.S. Frank Matto
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