Shares of MasterCard (MA) were rising Thursday after reporting a higher-than expected profit. The world's second-largest payments processor posted earnings of $0.96 a share, six cents ahead of estimates. Revenue came in at $2.69 billion, that was also better than forecasts. Just last week, MasterCard announced that it would buy U.K.-based VocaLink, a payment processing and clearing company, for $920 million.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.