Tesla, Amazon, Nvidia lead markets toward session highs

Yahoo Finance's Jared Blikre breaks down the market action heading into the closing bell, the sector action, gains found in Nasdaq leaders, meme stocks, bitcoin, the EV industry, travel stocks, and ARK ETF components.

Video Transcript

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- Welcome back to "Yahoo Finance Live." Just a couple of short minutes left before the closing bell on this hump day. And a lot of green on that board. Jared Blikre with the check of all the market action. Hey, Jared.

JARED BLIKRE: Hey there. We're watching the NASDAQ climb to session highs as we speak, now above 2%. So is the Russell 2000. And let's get a three-day view to see what has happened this week. Still 1/2% short of break-even on the week. Nevertheless, we're seeing some gains in the Dow, up 1%, and the S&P 500.

Now taking a look inside the market, we have consumer discretionary. That is XLY. That is up 2 and 1/2%, followed by tech. Those are the two leading sectors. But we also have energy, communications, and materials. Those are also leading sectors outperforming the S&P 500. And you take a look at this board-- yes, a lot of green, clawing back a lot of those losses from yesterday and also Monday. So let me just flip through some of these boards here, some of our heat maps. We can see meme stocks flying high. We got GameStop up 4%. Discovery up another 6% or so. American Airlines up 10%.

Let's go on. We're going to look at crypto space. Admittedly, not a stock. But we do have Bitcoin-- should be above $40,000-- above $41,000 right now, trying to put in potentially a triple bottom. Also taking a look at the EV space, seeing some gains with Tesla. Rivian also up over 7%. Chinese stocks bouncing back. Neo up nearly 5%, along with Li Auto right there.

And let's take a look at the travel sector building off of those Delta earnings. We can see Delta here. That's up 6% on the day. Carnival Cruise lines up 5%. So seeing some nice gains into the close here with about 15 seconds to go. Just want to get a check on those ARK invest components. Look at this-- Coinbase up 3%. Zoom Video up 7%, guys.

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