Stocks Open Higher. The Rally Is Moving Beyond Big Tech.
The stock market is seeing a reversal on Wednesday after the tech-heavy Nasdaq led the market on Tuesday to close at a record level.
The Dow was up 163 points, or 0.4% and the S&P 500 was up 0.3%, while the Nasdaq was the laggard, up 0.2%.
The move suggests Big Tech stocks aren’t holding the same firepower today as they did yesterday, and other sectors are gaining ground.