Stocks erase declines. Major US major indices now positive on the day

S&P up 0.28%

The US major stock indices have erased their declines and trade in positive territory.

• S&P index is up 7.65 points or 0.29% at 2699
• NASDAQ composite index is up 15.5 points or 0.21% at 7273
• Dow industrial averages of 59 points or 0.24% 24597