West Texas Intermediate and the Russell 2000 Index

The Russell 2000 Index: The Standard Poors 500 Index SPX gained less than 0.1 percent at 4 p.m. in New York, erasing a drop of as much as 1.5 percent. The Russell 2000 Index rallied 1.3 percent. The 2-year Treasury yield climbed 2 basis points from a 17-month low. Stoxx Europe 600 Index pared its loss to 0.4 percent after tumbling 2.9 percent. West Texas Intermediate jumped 1.1 percent after retreating below $80 for the first time since June 2012. The Dollar Spot Index was little changed after jumping 0.4 percent earlier, according to Bloomberg. The Bullard comments were a short-term shot of adrenaline, Chad Morganlander, a money manager at St. Louis-based Stifel Nicolaus Co., which oversees about $160 billion, said in a telephone interview. The U.S. economy is doing quite well, yet theres overall concern that the euro zone is falling into the abyss. Photographer: Spencer Platt/Getty Images U.S. stocks recovered from an early plunge, led by small-caps, while Treasuries fell as a Federal Reserve official said the central bank should consider delaying the end of stimulus plans. Oil jumped after dropping below $80. St. Louis Fed Bank President James Bullard said the central bank should consider delaying the end of its bond buying to halt the decline in inflation expectations. Data today showed jobless claims unexpectedly dropped last week to their lowest level in 14 years, while industrial production rose in September by the most in almost two years. (news.financializer.com). As reported in the news.