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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Markets Turn Positive

Just before the last hour of trading, the stock market turned positive for the first time today.

The Dow is trading up about 66 points, or nearly 1 percent.

The S&P 500 is up .8 percent and the Nasdaq is up nearly 2 percent.

The Nasdaq would be higher if not for the Apple headwind. The gadget-maker is still down on the day -- now, about 2.4 percent -- following the company's announcement last night that the health condition of Steve Jobs is "more complex" than he earlier believed. Jobs, a pancreatic-cancer survivor, said recently he is suffering from a hormone imbalance.

The Dow's afternoon turnaround is remarkable, given that it had sunk low enough earlier today to break through the 8,000 floor for the first time since November.

-- Frank Ahrens
The Ticker is Twittering!

By Frank Ahrens  |  January 15, 2009; 3:22 PM ET
Categories:  The Ticker  | Tags: Apple, Dow, Steve Jobs, nasdaq, s&p 500  
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