The information technology sector (+1.6%), led by Apple and its $3 trillion+ market cap, is leading the market.
The energy sector (+0.4%) is showing the smallest gain among the 11 S&P 500 sectors.
To no one’s surprise, the stock market got off to a robust start, bolstered by strength in Apple (AAPL 192.43, +2.85, +1.5%) and other mega-cap stocks.
However, it isn’t just a mega-cap thing. There is ample participation in the early advance, evidenced by the 0.8% gain in the Invesco S&P 500 Equal-Weight ETF (RSP). The Vanguard Mega-Cap Growth ETF (MGK), though, is up 1.3%.
The Vanguard Mega-Cap Growth ETF (MGK) is up 1.6%, paced by gains in Apple (AAPL 192.81, +3.22, +1.7%),
Tesla (TSLA 263.39, +5.89, +2.3%), Amazon.com (AMZN 131.11, +3.21, +2.5%),
Microsoft (MSFT 342.36, +7.31, +2.2%), NVIDIA (NVDA 422.70, +14.48, +3.6%),
Alphabet (GOOG 121.77, +1.76, +1.5%).
Vanguard Mega-Cap Growth ETF is up 15.2% for the quarter and 36.9% for the year.