CLOSING BELL

Dow 10680.77  +53.51, Nasdaq 2307.90  +25.59, S&P 1145.68  +9.46 

Stocks had a decent day today with all three major indices posting gains, but the lack of volume shows that the market is lacking conviction to the plus side.

Tech was weak this morning on news the Google (GOOG) 587.09, -3.39 said it will stop censoring results on its Chinese site and risk being ejected from the world's most populous internet market. But the sector gathered strength later in the day to post gains of +1.0%.

The Financial sector also battled early losses to post a gain of +1.2%.  Shares of banks had no reactions to the testimony by financial executives today on Capitol Hill about the financial crisis.

The big economic news today was the release of the Fed’s Beige Book.  It the report the Fed stated that economic activity is still low, but improving. The most worrisome part of the report was that it also stated that credit quality is still worsening.

Advancing Sectors: Health Care +1.3%, Financials +1.2%, Tech +1.0%, Consumer Discretionary +0.9%, Utilities +0.9%, Materials +0.9%, Consumer Staples +0.7%, Industrials +0.5%, Energy +0.4%

Declining Sectors: Telecom -0.4%