Nasdaq climbs 1% early

The Nasdaq is up 107 points, or 0.95%, to 11,507 in a decent start to the day. There was some modest selling at the open in stocks after a strong start.

The S&P 500 S&P 500 The S&P 500 is a stock market index that measures the performance of 500 large companies listed on stock exchanges in the United States. In particular, the S&P 500 index is a capitalization-weighted index. The ten largest companies in the index account for approximately 26% of the market capitalization of the index. At the time of writing, the S&P 500 has a market cap of $30.5 trillion.These companies in the index include Apple Inc., Microsoft, Amazon.com, Alphabet Inc., Facebook, Johnson & John The S&P 500 is a stock market index that measures the performance of 500 large companies listed on stock exchanges in the United States. In particular, the S&P 500 index is a capitalization-weighted index. The ten largest companies in the index account for approximately 26% of the market capitalization of the index. At the time of writing, the S&P 500 has a market cap of $30.5 trillion.These companies in the index include Apple Inc., Microsoft, Amazon.com, Alphabet Inc., Facebook, Johnson & John Read this Term is up 0.8%.

There are eyes on the turn of the calendar as month-end closes in. There's not a clear catalyst for the positive mood in markets today so the finger-pointing towards the calendar feels a bit hollow but that's markets.

A bigger test will be whether the market can hold onto those gains. The economic calendar is largely quiet with only the lowly pending home sales and Dallas Fed data to come. From the Fed The Fed "The Fed" is a short-hand that refers to the Federal Reserve or Federal Reserve System, the central banking system of the United States. Traders often discuss the actions of the Fed, primarily interest rate decisions, as they significantly impact all financial markets.The Fed shouldn't be confused or substituted with the term "the Feds" and doing so tells everyone you're a total noob. The term "the Feds" refers to US Federal law enforcement, including such agencies as the FBI (Federal Bureau of "The Fed" is a short-hand that refers to the Federal Reserve or Federal Reserve System, the central banking system of the United States. Traders often discuss the actions of the Fed, primarily interest rate decisions, as they significantly impact all financial markets.The Fed shouldn't be confused or substituted with the term "the Feds" and doing so tells everyone you're a total noob. The term "the Feds" refers to US Federal law enforcement, including such agencies as the FBI (Federal Bureau of Read this Term, Jefferson speaks at 10:30 am ET and that's one to watch.