Reply To: Traders Market Weekly: Treasury Debt and Central Bank Balancing Act

#68472
Truman
Participant

Morning Trade

Dow -65.70 at 36138.74, Nasdaq +94.43 at 14279.92, S&P +7.72 at 4577.50

The S&P 500 (+0.2%) joined the Nasdaq Composite (+0.6%) in positive territory, propelled mostly by mega cap gains.

Apple (AAPL 194.17, +4.73, +2.5%) is up more than 2.0% after Foxconn (FXCNY) resumed AAPL iPhone production at its India factory after weather related disruptions, according to Reuters.

Market breadth shows a negative bias under the index surface.

Decliners have a roughly 9-to-4 lead over advancers at the NYSE and a 5-to-3 lead at the Nasdaq.

Small and mid cap stocks are lagging today after outperforming recently.

The Russell 2000 and the S&P Mid Cap 400 are both trading down 1.1%.