US stocks trading mixed with the Dow lower and the NASDAQ index higher

Major US indices are trading mixed at the open and flow of funds heads into the Dow and large-cap tech stocks after Nvidia’s earnings. Dow industrial average moves lower. S&P index trades higher and at a new record level.

• Dow Industrial Average was -150 points or -0.39% at 39515
• S&P index +20.75 points or 0.39% at 5327.95
• NASDAQ index up 171.91 points or 1.03% at 16974

Shares of Nvidia are trading up $87 or 9.19% at $1037. Super Micro Computers are also up strongly with a gain of 10.5% or $91.90 at $965.

Snowflake which was trading higher in premarket trading and opening higher (high price reached $168.80 )has now turned into negative territory down -3.20%.

There are some other mixed signals with Apple shares down -0.52%. Microsoft is up 0.32%. Google is up 0.90%. Tesla is down -0.93%.

This article was written by Greg Michalowski at www.forexlive.com.