The stock market surged at the opening bell with aggressive buying in tech and semiconductor stocks. Classic risk-off sectors like energy, consumer staples, healthcare, and utilities are down or flat. Communication services, including Verizon, AT&T, and Alphabet, are up nearly 3%, along with information technology up 2%.

Read more at Dow Jones & Company: S&P 500, Nasdaq Jump. Most Chip Stocks Are Higher, Too.