From NASDAQ.:

The S&P 500 is up 0.46%, the Dow is down -0.18%, and the Nasdaq 100 is up +1.17%. Stocks are mixed, with the Dow falling to a 4-week low and the Nasdaq 100 climbing to a 3-week high. Tech stocks are up after Taiwan Semiconductor Manufacturing Co. expected Q1 growth. U.S. weekly jobless claims are at a 16-month low.

U.S. weekly initial unemployment claims fell -16,000 to 187,000. U.S. Dec housing starts fell -4.3% m/m to 1.460 million. Dec building permits rose +1.9% m/m to 1.495 million. U.S. Jan Philadelphia Fed business survey rose +2.2.

Stocks moving include Fastenal (FAST) up +7%, Apple (AAPL) up +2%, and Hertz Global Holdings (HTZ) up +6%. Healthcare stocks like Humana (HUM) have dropped over -11% after cutting its expected earnings outlook.

Discover Financial Services (DFS) is down over -6%, and KeyCorp (KEY) is down over -3%.

March 10-year T-notes (ZNH24) are down -3 ticks. The dollar index (DXY00) is little changed and EUR/USD (^EURUSD) is down -0.29%. Eurozone new car registrations fell -3.3% y/y.

USD/JPY (^USDJPY) is down by -0.11% and gold is up +0.44%.

The 10-year T-note yields rose to a 5-week high, while the Eurozone and Japanese yields are mixed. Eurozone and German 10-year yields are up. The dollar is little changed. Euro lost losses against the dollar. Japan’s yen is consolidating just above its 1-1/2 month low against the dollar.



Read more: Stocks Climb on Strength in Technology Stocks