Reply To: Traders Market Weekly: Robots, Dribbler Enthusiasm and Short Squeezes

#42173
Truman
Participant

Dow -114.97 at 33867.23, Nasdaq -57.67 at 12880.41, S&P -10.54 at 4263.57

The stock market opened modestly lower amid mixed earnings reports and economic data ahead of the open.

Mega caps are limiting index performance with the Vanguard Mega Cap Growth ETF (MGK) down 0.5% versus a 0.1% loss in the S&P 500 and Invesco S&P 500 Equal Weight ETF (RSP).

WTI crude oil futures are back above $90.00/bbl, up 2.3% to $90.18/bbl. This is boosting the S&P 500 energy sector (+2.3%), which sits atop the leaderboard. Notably, it’s the only sector to move more than 1.0% in either direction.