S&P 500 up 20 points

The dip buyers are winning again.

The S&P 500 is up 20 points shortly after the open to 4340 after falling as low as 4289 yesterday.

It will take another 20 points to close the gap from yesterday's open.

S&P 500 up 20 points

The FX market is tentatively playing along with commodity currencies and sterling strong on the day.