The Markets were volatile today ultimately ending with a humble loss. The Dow Jones closed today’s session at 10,831.07, down 0.18% or 19.59 points from yesterday. During today’s session, the Dow fell as low as 10,631.95. The Nasdaq slid to 2,069.40, declining 1.07% or 22.48 points led by a poor performance by Technology stocks. The S&P 500 closed up at 1,161.06, dropping 0.45% or 5.30 points. The 10 year Treasury note fell 154 basis points to a yield of 3.7680%.

Crude Oil once again dipped below the $100 mark, dropping 2.07% or $2.08 to settle at $98.56 per barrel fueled by increases in US crude and gasoline supplies along with current economic conditions that are forcing Americans to drive less. The Dollar remained strong against the Euro, gaining slightly, and is currently trading at 0.7138 vs. the Euro. The Dollar fell slightly to the Yen, trading at 105.72 vs. the Yen. Gold recovered slightly from yesterday’s drop-off, rising $6.50 or 0.74% to settle at a price of $880.70 per ounce.

The Senate moved towards the passage of the $700 billion financial industry bailout as opposition to the package among House Republican conservatives appeared to be lessening thanks partly to a provision increasing insurance for people’s deposits. The revised package adds $100 billion in tax breaks for businesses and middle class, and temporarily increases the deposit insurance cap from the current $100,000 to $250,000. The SEC also said it was easing the accounting rules in some cases. Congressional leaders from both parties said they were hopeful that a new version of the rescue plan could be cleared late this week.

Warren Buffet and his company Berkshire Hathaway plans to invest $3 billion in General Electric (GE: 24.50, -1.00 (-3.92%)). This move is a huge vote of confidence for the iconic American Company, GE, which has been hurt by the ongoing credit crisis. This is the second time in a little over a week that Buffet and Berkshire Hathaway have invested in a company that has long been associated with ironclad financial health. Buffet will purchase $3 billion in GE preferred stock which carry a 10% dividend, similar to the Goldman Sachs’ (GS: 134.50, +6.50 (+5.08%)) preferred stock buffet purchased last week.