The Dow is back up and stock market breadth looks solid. What a difference a few hours make.
The blue-chip index was up 32 points, or 0.1%, after trading down for much of the session. While it’s only a modest gain, 18 of the 30 stocks in the index are now trading higher.
The S&P 500 was up 0.3% with more than 300 stocks trading higher. The Nasdaq Composite was up 0.6%.
While tech is still leading the pack, the S&P is also seeing gains from materials, consumer discretionary, financials, health care, industrials, real estate, and utilities. Energy was the big laggard with a drop of 2.1%.
There wasn’t much happening as Wall Street awaited updates from Congress on efforts to avert a government shutdown, which would affect the Bureau of Labor Statistics’ efforts to release a key September employment report on Friday.