Open…
Dow +183.56 at 33853.81, Nasdaq +94.64 at 13501.87, S&P +26.32 at 4354.10
Stocks are moving higher alongside Treasury yields. The major indices sport gains ranging from 0.5% to 0.7%.
Many stocks are participating in upside moves, helping to drive gains in eight of the 11 S&P 500 sectors. The consumer discretionary sector (+1.0%) leads the pack while the real estate sector (-0.3%) brings up the rear.
The Invesco S&P 500 Equal Weight ETF (RSP) is up 0.5% and the market-cap weighted S&P 500 is up 0.6%.
The 2-yr note yield is up five basis points to 5.10% and the 10-yr note yield is up nine basis points to 4.72%