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Good morning. Markets got off to a quiet start after the S&P 500 (^GSPC) notched a record high the day before. The tech-heavy Nasdaq Composite (^IXIC) led the major indexes with a 0.2% gain. The Dow Jones Industrial Average (^DJI) slipped below the flat line after retail sales unexpectedly fell in July.
Here’s a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Most sectors started the day in the green, though Technology (XLK) — August’s top-performing sector so far — declined slightly. Communication Services (XLC) and Energy (XLE) stocks rose, while the Health Care (XLV) sector was under pressure.
Brent crude oil futures (BZ=F) edged down to $86 per barrel, while bitcoin (BTC-USD) dropped 1.6% to around $62,600 per token.
Here are some notable stocks that Yahoo Finance readers are viewing this morning: Sandisk (SNDK), Micron (MU), Applied Materials (AMAT), Nu Holdings (NU), Reddit (RDDT), Seagate Technology (STX), and DocuSign (DOCU).
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