Update

Participants of S&P 500 had another attempt to break the 950 level. It is now at 949.30, up 10.03 points. S&P managed to stay above the 200-day moving average even though some analysts were speculating otherwise. The index now is neither oversold nor overbought.

European bourses rallied in the last hour of the trading day. This might be a good indication for the participants of U.S. market.