Down then up

Stocks recovered nicely from an early morning drop. The Nasdaq index was the percentage winner, growing 0.65%. According to Bhushan Bahree of the Wall Street Journal, "World oil demand is growing twice as fast as a year ago, straining the petroleum industry's ability to keep up with global needs and likely resulting in higher and more-volatile prices for some time to come." Let's hope for the best. DJIA +56.42 Nasdaq +17.00 S&P 500 +9.35