Investors are breathing a sigh of relief this morning as the Dow, S&P 500, and Nasdaq edged higher after the opening bell. Following yesterday's tumble back to 1997 levels (the Dow closed at 6,763), the Dow rose nearly 100 points in initial trading and the S&P was up over 1 percent. The Associated Press links the morning boost to optimism over details of a new government program intended to increase available credit: "The Federal Reserve plans to lend up to $200 billion initially to spur consumer and small business borrowing for autos, education, credit cards and other expenses."
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