American Stocks Set to Open Higher (NASDAQ: CRMT) (NYSE: PNC) (NYSE: TEX) (NYSE: USB)

NEW YORK - American stocks were all up, near 2% in premarket trade, as investors look to buyback stocks they have aggressively sold during a week of profit taking. Stocks have declined due to Libyan and other Middle Eastern country unrest, despite the fact this is unlikely to have much affect on the global economic recovery.

Shares of America's Car-Mart soared on Thursday, the company posted its 3rd quarter results on February 18, where it saw revenue roar higher. Net was down on higher promotional costs. PNC Financial has also declined this week, as has U.S. Bancorp. USB and PNC the 5th and 6th largest bank respectively are widely regarded as the best capitalized banks on Wall Street ,who will be least affected by financial reforms.

Terex corporation has fallen over 15% this week as investors sell all construction stocks due to fear that Middle Eastern unrest will halt construction in other countries.