As the central bankers spar, the Nasdaq turns into positive territory

<p>As the central bank spar amongst each other and the moderator who is trying to find a new headline), the US stocks have come off low levels. The NASDAQ has turned into positive territory. The NASDAQ is up 20 points or 0.15%.</p><p>The S&amp;P and the Dow industrial average still remain negative with the S&amp;P down -0.16% and the Dow industrial average down -0.34%.</p><p>Nvidia remains in negative territory but off its session lows. It is currently down -1.54% at $412.21. It's low reached $405.18.</p><p>Crude oil inventory data will be released at the bottom of the hour</p><ul><li>Crude is expected to show a drawdown of -1.757 million barrels</li><li>distillates are expected a build up 0.782 million</li><li>gasoline is expected a drawdown of -0.126 million.</li></ul><p>The private data released late yesterday showed:</p>

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