Dow leads the way. Nasdaq lags
The Dow and the S&P 500 both have reached new intraday highs in the first few minutes of trading. The NASDAQ lags after the try than expected jobs gain as traders concerned about a faster taper/tightening cycle for the Fed. Nevertheless, the index has rebounded from premarket levels:
The snapshot of the market currently shows:
- Dow +155 points or 0.44% at 35223
- S&P index up 10 points or 0.22% at 4439.42
- NASDAQ index -18 points or -0.12% at 14876.50
The new intraday high for the S&P 4440.20. The new intraday high for the Dow is 35246.79.