Stocks are rebounding into the close

[forex4you]

Stocks are rebounding into the close

With less than 30 minutes left until the close, the major US stock indices are now trading positive in what has been a volatile up and down trading day. The NASDAQ index is up over 1%. The Dow and S&P which were the laggards today also higher.A snapshot of the market currently shows:Dow industrial average up 82 points or 0.25% 33059.72S&P up 17.1 points or 0.41% at 4149.02NASDAQ up 155 points or 1.26% at 12489.71Russell 2000 up 10.95 points or 0.59% 1875.05The major indices are well off session lows:Dow industrial average was down -527.34 points or -1.6%S&P index was down -69.84 points or -1.69%NASDAQ index was down -132.23 points or -1.07%In the US debt market, yields remain higher with the 10 year reaching the 3% level for the first time in this cycle to the upside:2 year 2.727%. Up 0.6 basis points5 year 3.008%, +4.8 basis points10 year 2.990%, +5.1 basis points30 year 3.058%, +5 point basis points

Source: Stocks are rebounding into the close

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