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US market gave very good example for a late surge it was almost down until 2 or so and after that supported by the financial sector and retreat of oil prices helped the market to close in green NASDAQ 2303.96 up by 24.43 or 1.07% DJIA 11602.5 up by 135.16 or 1.18% S&P 1277 up by 17 or 1.35 What is moving the market ?

Financials rebound to a 6.6% gain after Wachovia indicates it does not plan to raise capital; American Express falls on worse-than-expected earnings Oil prices retreat 2.4% due to decreased tropical storm threat Large-cap tech under pressure; Shares of Apple and Texas Instruments tumble on earnings/outlook


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