The major US stock indices have turned positive on the day.
- The gains are led by the NASDAQ which is currently up 201 points or 1.53% on the day
- The Dow industrial average is up 50 points or 0.14% at 34207
- the S&P index is up 35.7 points or 0.83% at 4363.
The Russell 2000 which closed down over -20% from its all-time high is currently trading unchanged at 1931.31.
Apple which reported better than expected earnings and spoke well of the first quarter is currently up around $9.37 or 5.9%. The stock went into the earnings release sitting right near its 100 day moving average at $158.10. The beat helped to push the price back higher and the price is currently back above its mid December swing low at $167.45 and its early January swing low at $168.14.
This article was originally published by Forexlive.com. Read the original article here.