US stocks back in positive territory ...Middle East

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Reports of Pres. Trump firing Powell sent the NASDAQ index down -170.74 points at session lows. The high price at the start of day so the index rise 53.96 points. The NASDAQ index is now up 35 points or 0.17% at 20713.07. Recall from yesterday, the index closed at a new record level so a positive close today would be yet another new record. The intraday high price yesterday reached 20836.04. The price is still a good ways away from that level

For the S&P index, it is up 12.21 points or 0.19% at 6255.87. It's record close was back on July 10 at 6280.46. The price is some 25 points away from that record level. At session lows, the index was now -42.17 points.

This article was written by Greg Michalowski at www.forexlive.com.

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