Advertisement
Canada markets open in 9 hours 10 minutes
  • S&P/TSX

    22,346.76
    -121.40 (-0.54%)
     
  • S&P 500

    5,307.01
    -14.40 (-0.27%)
     
  • DOW

    39,671.04
    -201.95 (-0.51%)
     
  • CAD/USD

    0.7310
    +0.0005 (+0.06%)
     
  • CRUDE OIL

    77.10
    -0.47 (-0.61%)
     
  • Bitcoin CAD

    94,959.88
    -580.82 (-0.61%)
     
  • CMC Crypto 200

    1,512.50
    -13.92 (-0.91%)
     
  • GOLD FUTURES

    2,374.90
    -18.00 (-0.75%)
     
  • RUSSELL 2000

    2,081.71
    -16.65 (-0.79%)
     
  • 10-Yr Bond

    4.4340
    +0.0200 (+0.45%)
     
  • NASDAQ futures

    18,966.25
    +179.50 (+0.96%)
     
  • VOLATILITY

    12.29
    -11.86 (-49.11%)
     
  • FTSE

    8,370.33
    -46.12 (-0.55%)
     
  • NIKKEI 225

    39,088.92
    +471.82 (+1.22%)
     
  • CAD/EUR

    0.6749
    +0.0004 (+0.06%)
     

Stocks trade higher at the open as investors digest Fed’s 0.25% rate hike

Yahoo Finance Live’s Brad Smith breaks down how stocks are trading following the opening bell on Thursday, a day after the Fed announced another interest rate hike.

Video Transcript

BRAD SMITH: The Dow Jones Industrial Average, you're seeing that higher right now. Oh, there we go. We'll populate this board for you. And we'll give you a four-day view just so you have a look at what the entirety of this week has held. Taking a look at the Dow out of the gate right now, we are higher by about 6/10 of a percent. The past four days, net higher by about 1.1%.

Also taking a brief gander at the tech-heavy NASDAQ Composite. It is higher by about 1.3%, we'll call that, this morning. The past four days, net positive in the S&P 500. You're seeing that up as well--

ADVERTISEMENT

JULIE HYMAN: [SNEEZING]

BRAD SMITH: --by about 9/10 of a percent-- Bless you.

JULIE HYMAN: Thank you

BRAD SMITH: --right now. And also taking a look at the 11 S&P 500 sectors. We've got largely green on the screen here today. Utilities had to mess things up. It's down by about 4/10 of a percent. Right now, the lone laggard here. And over the course of the week, let's just see how it's been performing, as well. We'll give you a four-day look at that. Yeah, it's not doing well over the course of this week either. It's down by about 4.4% just over the past four days.

But take a look at communications services. Oh yeah, past four days up by about 2.3%. Here today, adding on by about 1 and 1/2% there, leading the charge. Technology has also been an interesting sector to continue to keep an eye on. I highly urge giving that some more attention here on the day, as we will for a hot second. It's up by about 1.4% in the continued kind of bounce-back of some of the battered tech names and semiconductors.

Intertwined within that, a great conversation that you guys had with NVIDIA, of course, yesterday. And so just taking a brief look at the NASDAQ 100 tech-heavy average. And since I mentioned NVDA, there it is on your screen today. It's up by about 2.7%.

JULIE HYMAN: Yep, there it is. Thanks so much, Brad.