Monday, February 27, 2012

Stocks turn higher entering afternoon trading

By msnbc.com staff

The stock market righted itself entering afternoon trading Monday, reversing earlier losses immediately after the opening bell.

Two bits of economic news may have helped the run.? A poll of the National Association of Business Economists found its members more confident about the recovery and January pending home sales hit a two-year high.

Approaching 12:30 p.m. on Wall Street, the Dow Jones industrial average was up 0.07 percent, the S&P 500 rose 0.10 percent and the Nasdaq was 0.09 higher.

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Source: http://bottomline.msnbc.msn.com/_news/2012/02/27/10519034-stocks-turn-higher-entering-afternoon-trading

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