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Immediate rotation greets US stocks on the opening as Dow Jones slips
Following an earlier update a few moments ago noting the cautious start to the new quarter for the Nasdaq 100, that index has now lifted above 18,375 and hence almost 100 points to the better from the opening. At the same time the Dow Jones is heading in the opposite direction in early trading. The Dow reopened this afternoon officially at exactly where it closed on Thursday and the immediate price action has been southbound. Hence, we have evidence of rotation between this index and the tech sector in very early trading. That might switch and chop and change, but for now the Dow Jones is in the red, currently trading at 39,725
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