U.S. equities started off to the downside, but not by much. Markets quickly pared losses as the DOW looked past a revenues miss on $KO and the NASDAQ looked past weakness in $AAPL created by Citi and Tim Cook not giving what some investors wanted in way of a dividend paying preferred stock.
No economic data was available to sway the markets, but comments from the G-7 about being conscious as to not creating a currency war has probably got markets in a good mood. We did have some decent earnings out of $KORS and $MAS.
Oil is up over $97 per barrel while gold is down on the day.
The excitement is happening at the $GS technology conference.
Europe managed to close in the green adding to early gains that pared opening losses.
Lastly, some comments out of Fed representatives may also have the markets in a pleasant mood.
