Equities Register Opening Gains
09-Apr-14 09:45 ET Dow +36.90 at 16293.04, Nasdaq +17.51 at 4130.50, S&P+3.42 at 1855.38
[BRIEFING.COM] Equity indices began the session on a modestly higher note, with the Nasdaq (+0.4%) and Russell 2000 (+0.3%) in the lead. The S&P 500, meanwhile, trades higher by 0.2% with eight sectors showing gains.
Technology (+0.5%) and materials (+0.5%) are among the early leaders, while consumer discretionary (unch), energy (-0.1%), and financials (+0.1%) lag. Although the three sectors trade not far behind the broader market at this time, they could become a drag on the broader market should they display additional weakness.
Treasuries remain near their lows with the 10-yr yield at 2.71%.
The Wholesale Inventories report for February will be released at 10:00 ET.