The Dow is up 155 points at midday
| 9/29/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow Eyes Triple-Digit Comeback as Bond Yields Cool | By: Lillian Currens | The Dow Jones Industrial Average (DJI) is up 155 points at midday, eyeing a sizeable comeback off yesterday's rout. The S&P 500 Index (SPX) is following suit with a notable midday gain, though the tech-heavy Nasdaq Composite (IXIC) is sliding into the red despite a cooling 10-year U.S. Treasury yield. Investors are rotating back into tech, though, with most sector leaders enjoying a bounce. Meanwhile, Federal Reserve Chair Jerome Powell's warning that inflation might have a longer run than initially anticipated is reverberating through Wall Street. A pending home sales reading from the National Association of Realtors (NAR) showing a better-than-expected 8.1% rise in August is boosting investor sentiment, however. Continue reading for more on today's market, including: - Netflix is breaking into video games with its latest acquisition.
- Some key levels to watch on this popular electric vehicle ETF.
- Plus, PALT surges to roughly 4-year highs; HLBZ sinks on SEC update; and GOEV attracts attention from options bulls.
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