Yahoo Finance’s Ines Ferré breaks down how stocks are moving in early Tuesday trading.
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BRAD SMITH: Let’s get on over to “Yahoo Finance’s” Ines Ferré, who is at the YFI Interactive. Ines?
INES FERRE: Brad, as you mentioned, a little bit of a mixed picture is what we’re seeing. The Dow down about almost half of a percent. Part of that has to do with Goldman, which is down, and also the Travelers company, which is also down. Those are the laggards on the Dow right now. Over on the sectors, we’ve been watching communication services, financials that are under pressure. But staples and energy stocks, those are the leaders. And over on the NASDAQ 100, we’ve got Tesla that’s up more than 5%.
Also, the semiconductors like Nvidia are up. A little bit of a mixed picture with the mega caps. I want to know what’s happening with the Chinese ADRs, because we did get that GDP data out of China. Also, China’s population decreasing. So that’s just having an impact on Chinese stocks. Also, over on the banks– as you mentioned– a tale of two banks. Morgan Stanley up 6%, while Goldman is up 4%. And finally, just mentioning what’s happening with crypto– as Jared was looking at earlier, crypto just above 21,200 per token. Guys?
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