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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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