The Dow Jones Industrial Average rebounded to 13,082.54 back above its 50-day simple moving average at 13,009. The NASDAQ’s rebounded to 3034.69 then declined to 3000.57 versus its 50-day simple

Advanced GDP for Q4 2011 came in at 2.8% slightly below expectations. A build of $56 billion in Business Inventories accounted for 1.945% of this gain. The PCE Price Index came in at 0.7%, below