After all the negative news and doom and gloom media...we are in...

After all the negative news and doom and gloom media...we are in full 3 digits green ??? lololl nah this market is not manipulated....lol

Dow 11,578.64 +111.30 (+0.97%)

The stock market advances to a fresh session high as we head into the final half-hour of trade.

This session saw a striking turnaround in financial stocks, with the sector going from a 3.8% loss to its curent level of a gain of 4.3%. The sector is up 25% over the last five sessions, while the S&P 500 is up 4.5%.

With the expection of consumer finance companies (-6.7%), the financial sector is enjoying broad-based buying interest. The leading groups are diversified banks (+10.7%), regional banks (+7.8%) and specialized finance (+7.2%).

Wednesday marks another busy session, with a plethora of companies reporting earnings. Some of the bigger names include Washington Mutual (WM 5.84, +0.36), Yahoo! (YHOO 20.98, -0.69), AT&T (T 31.46, -0.37), Boeing (BA 68.55, +0.31), ConocoPhillips (COP 84.15, -1.71), PepsiCo (PEP 65.82, +1.37) and Pfizer (PFE 18.27, +0.18).DJ30 +56.51 NASDAQ +7.16 SP500 +7.88 NASDAQ Dec/Adv/Vol 1027/1772/2.11 bln NYSE Dec/Adv/Vol 1110/2007/1.19 bln