Almost a complete close-the-gap move in the first 80 minutes followed by a nice upward trend for the rest of the day. Volume was well below average.
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CIT Group Inc (CIT) reached a deal with bondholders for $3 billion in emergency financing and the index of leading economic indicators increased in June for the third straight [...]

Large gap higher continuing the last minute move from yesterday followed by consolidation at new high level for the year. Volume was a bit higher than the averagehe long awaited GM bankruptcy was filed but ironically the market attention was on data showing that the manufacturing sector is stabilizing. Dow Jones Indexes said GM will [...]