PANIC OFF: Markets Higher One Day After Flipping Out

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Photo: Wikimedia Commons

Was that it?One day after freaking out over the debt ceiling, the panic is momentarily subsiding, perhaps on the latest hope that there might actually be a deal in Washington

NASDAQ futures are up about 0.6%. S&P futures are up a bit less so.

Europe is up as well (modestly). Italy, which got killed yesterday is currently up about 0.2%. We’ll see how long that lasts.

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