Session summary

S&P 500 and NASDAQ are up 1.08% and 1.91%, respectively, indicating a positive start to the day, while the Dow Jones lags with a 0.14% gain.

Market posture

Tech is outperforming with a 1.66% gain, followed by Materials at 1.23%, while Financials, Energy, and Healthcare are underperforming with declines of 1.15%, 1.61%, and 0.74%, respectively.

Macro backdrop

The 10Y Yield is down 0.27% to 4.45, and the US Dollar Index is up 0.62% to 100.85, while the VIX is up 2.32% to 16.78, indicating increased volatility.

Key movers context

NVDA and AMZN are leading the charge with gains of 2.13% and 2.08%, respectively, while JPM is down 2.77% and MSFT is down 0.75%.

Desk watchlist

TSLA, ETH-USD, and key sector ETFs will be closely monitored for potential trading opportunities as the day unfolds.