3:11 p.m. What a strange market. The Dow Jones Industrial Average is up 249.12 points, or 1.0%, to 24609.26, while the S&P 500 added 25.31 points, or 1.0%, to 2681.61 and the Nasdaq Composite has risen 55.37 points, or 0.8%, to 7162.02.

The markets not up much more than it was when I checked in for the last update, but the composition has...