US Indices storm back to finish higher after early dip

  
Analysis, US Market

Closing changes for the main US markets:

  • S&P 500 up 25 points to 3066 (+0.83%)
  • DJIA +157 to 25763
  • Nasdaq +137 to 9726
The opening ticks were the low of the day. The buying accelerated after the Fed announced the start of corporate bond buying and the survived a late effort to sell.
Here’s the intraday look at the S&P 500:
Closing changes for the main US markets:

Intraday, the S&P 500 low-to-high rally was an impressive 112 points but it fell 8 points shy of Friday’s high of 3088. That will be a level to watch tomorrow.

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