US stocks open higher

  • Although the month indices are lower, the 4th quarter is higher

The major US indices are opening higher and in doing so are trading higher for the second consecutive day. Yesterday the major indices rose modestly snapping a four-day losing streak. For the month, the three major indices are lower, but for the quarter the S&P and NASDAQ have a solid gains

A snapshot of the market currently shows:

  • Dow Industrial Average up 301.38 points or 0.92% at 33151.13
  • S&P index of 25.04 points or 0.66% at 3846.65
  • NASDAQ index up 46.70 points or 0.44% at 10593.81
  • Russell 2000 up 15.33 points or 0.88% at 1763.35

For the calendar month which is still all the we can have from the close, the major indices are lower:

  • Dow Industrial Average -4.15%
  • S&P index -5.74%
  • NASDAQ index -7.7%

For the fourth quarter,

  • Dow Industrial Average is up 15.38%. This is the best quarter since 2Q of 2020
  • S&P index is up 7.25%
  • NASDAQ index is unchanged

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