The S&P is closing higher for the 6th gain in a row. The Dow is up for 3 days.
The markets shook off the early-day declines due to the late Friday Moody’s downgrade of the US debt.
- The Dow was down -317 points at session lows, but is closing up 137.33 points or 0.32% at 42792.07
- The S&P was down -62.69 points at session lows but is closing up 5.22 points or 0.09% at 5963.60.
- The NASDAQ index was down -273.68 points at session lows but is closing up 4.36 points or 0.02% at 19215.46
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This article was written by Greg Michalowski at www.forexlive.com.
