MIDDAY LUNCH

Dow 10828.13  +16.09, Nasdaq 2367.41  -2.36, S&P 1143.27  +1.11 

Stocks have worked their way into positive territory but have fallen of the session highs. 

The market started off in the red as traders had renewed worries about sovereign debt.   Some of those concerns were alleviated on speculation that European central banks will purchase troubled debt to keep debt markets somewhat stable.

Shares of Walgreen (WAG) 33.55, +3.20 are higher after the company reported better than expected earnings.  Shares of CVS Caremark (CVS) 31.47, +0.86 are also higher on Walgreen’s news.

Barclays PLC raised their target price on Oracle (ORCL) 27.17, +0.22, +0.82% from $31.00 to $32.00 and reaffirmed their Overweight rating on the company. 

Monsanto (MON) 48.06 -5.01, -9.44% shares are under pressure today on concerns about its new premium corn seeds and continuing uncertainty over the end of a European ban on genetically modified crops.

Nine of the ten major sectors are trading higher with Basic Materials leading the market up +0.62%.  Transportation is the only sector trading in negative territory down -0.08%.