Dow Leads Stocks Higher Ahead of Tech Earnings
The stock market is rising, lead by the Dow Jones Industrial Average, in trading action that is consistent with recent expectations for the upcoming election.
The Dow has gained 0.8%, while the technology-heavy Nasdaq Composite is up 0.6%. The S&P 500 is up 0.5%.
The Dow’s components, overall, are viewed as more economically-sensitive versus the other two major indexes. The S&P 600 index of smaller market value stocks, also seen as fairly economically-sensitive partly because of its weighting towards non-tech, is up more than 1%.