Stock rotation continues
The rotation out of the tech heavy NASDAQ index and into the recovery Dow industrial average continues.
The NASDAQ is modestly positive on the day by about 17 points or 0.13% at 12937.36 (in a very volatile up and down trading).
The Dow industrial average is more steady and higher by over 1%. Currently the index is up 324 points or 1.03% at 31822.02.
The Dow is being led by Disney which is trading up 3.4% at 196,000 $0.47. Cisco is up 2.83%. Visa is up 2.7% and Merck and DuPont are up 2.09% and 2.0% respectively. Apple is the worst performer in the Dow 30 at -2.28% followed by Walmart at -0.42%. The Dow is still below its all-time high price of 32009, but is much closer than the NASDAQ index. The high price for the NASDAQ today has reached 12985.969. It's all time high price from February was at 14175.120.