A few weeks ago, we were hearing about the possibility of a “double-dip” recession. Both traders on wallstreet and those on mainstreet were fearful that the Dow Jones might take another large plunge before anything would get better. Today we saw quite the opposite.

The Dow Jones Industrial Average closed more than 200 points higher than it did on Monday. It now stands at 10,322 and the market appears to be stabling out a bit.

The NASDAQ and S&P 500 also surged forward on this bullish day, while Gold jumped marginally higher as well. Gold has been the only stable point in the economy over the past year. However this could change if stocks begin to catch fire.

The EUR/USD is currently trading at $1.288, after the dollar lost some value during the trading day today. The USD still has gained quite a significant amount over the EUR since January. This creates a great opportunity for US travelers to visit Europe. If you have any vacation time, now may be the time to take it.