US stocks trade higher on hopes for less tension out of Russia

And there off….

The opening bell has rung and the major indices are off and running with all moving higher in early trading. The S&P is looking to snap a three day losing streak while the Dow and  NASDAQ 

Read this Term are opening to snap their four day losing streaks. Hopes for less attention at of Russia/Ukraine/NATO is the catalyst.

Yesterday, the NASDAQ index stalled just above its 2022 low making for a nice potential bottom in that index. The NASDAQ index loss some 19% from its November high.

NASDAQ

NASDAQ index tested the low from 2022

A snapshot a few minutes into the opening it is showing

  • Dow industrial average up 213 points or 0.64% at 33810
  • S&P index up 32 points or 0.74% at 4336.20
  • NASDAQ index up 108 points or 0.81% at 13493
  • Russell 2000 up 15.97 points or 0.81% at 1996.39

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