UPDATED (2:13 p.m.)
U.S. markets have started to head higher after a day mostly stuck in neutral.
The Dow is up some 70 points to 12,640 — a small dent in the major losses it recorded yesterday.
Leading the gain is J.P. Morgan, up nearly 2 percent after yesterday's downgrades by Moody's.
Meanwhile, the Nasdaq is 24 points higher, to 2,883, while the S&P is advancing 7 to 1,333.
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