Reply To: Traders Market Weekly: Summer, Manufacturing, Jobs and Debt Ceiling

#59245
Truman
Participant

The stock market opened to decent gains ahead of the extended holiday weekend. Continued strength in the mega space has boosted index performance.

Dow +217.77 at 32982.33, Nasdaq +122.12 at 12820.39, S&P +26.95 at 4179.50

The vanguard Mega Cap Growth ETF (MGK) is up 1.0% versus a 0.4% gain in the Invesco S&P 500 Equal Weight ETF (RSP) and a 0.6% gain in the market-cap weighted S&P 500.

Semiconductor stocks also continue to outperform. The PHLX Semiconductor Index is up 2.8%.