Dow Jones sees signs of market bottom

Equities are bouncing back and the bear market is likely near or at a level where history would indicate it’s a good time to re-invest, saysDavid Krein, senior director, institutional markets, Dow Jones Indexes.

According to Dow Jones Newswires: “On Thursday, consumer discretionary, information technology and financials led a late-morning turnaround, with one analyst pointing to a rumor of a possible bidder for Bank of America Corp. (BAC) and chatter the SEC might scrap or modify its mark-to-market rules as helping lift equities.