Reply To: Traders Market Weekly: Liberty Dichotomy; Paris Burns Ahead of Independance Day


The stock market opened on a more upbeat note.

S&P 500 and Nasdaq trade near their best levels so far while the Dow Jones Industrial Average trades near its flat line.

The Vanguard Mega Cap Growth ETF (MGK) is up 0.4% and the Invesco S&P 500 Equal Weight ETF (RSP) is up 0.5%.

Most of the S&P 500 sectors trade up led by energy (+1.5%) by a wide margin.

Other top performers include the consumer discretionary (+0.8%), information technology (+0.8%), and materials (+0.8%) sectors. The defensive-oriented consumer staples (-0.6%) and health care (-1.4%) sectors are alone in negative territory.

Market breadth reflects a relatively strong positive bias driving the price action so far. Advancers lead decliners by a 3-to-1 margin at the NYSE and a 3-to-2 margin at the Nasdaq.