The US stocks are opening higher but modestly sold compared to the shortfalls from yesterday which saw the S&P index fall -3.0%. The NASDAQ fell -3.43%. In comparison, the snapshot of the market 10 minutes into the open is showing:
Dow Industrial Average average is up 114.95 points or 0.30% at 38818.23.S&P index is up 26 points or 0.51% at 5212.74NASDAQ index is up 45 points or 0.27% at 16247.22
The small-cap Russell 2000 is down -1.344 points or -0.07% at 2037.81.
The modest gains come despite the Nikkei remanding over 10% after its 12.4% decline on Monday.
Some movers today include:
Palentir is up $1.87 or 7.73% after earnings after the close.Caterpillar is trading up $4.60 or 1.45% after its earnings beat expectations todayUber is up $2.40 or 4.10% after beating as well
Looking at the Magnificent 7:
Meta Platforms is up 1.02%Apple is down -3.10%Amazon is down -1.13%Nvidia is up 0.86%Google is down -1.48% Microsoft is up 1.20% Tesla is down -2.33%
This article was written by Greg Michalowski at www.forexlive.com.
