Market news
25.02.2011, 16:02

Dow +58.85 at 12127.50, Nasdaq +31.53 at 2769.43, S&P +10.25 at 1316.35

The dollar index is near session highs, but this is only pressuring select commodities this morning. April crude oil rose to overnight highs of $99.20 per barrel, but lost steam following news that Saudi Arabia was raising production. Supply shortfalls in Libya are still a concern though. On its pullback, crude fell into negative territory and new session lows of $96.17 per barrel. In current trade, crude is just below the unchanged line at $97.18 per barrel.

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