The Nasdaq had lagged both the Dow and S&P 500 in the early going, but it has since caught up with counterparts so that all three of the major headline indices sport strong gains. Large-cap tech issues, which had been weak at the onset of trade, are now in strong shape. As such, Oracle (ORCL 32.55, +0.45), Google (GOOG 595.34, +3.68), and Microsoft (MSFT 25.86, +0.14) are leaders.
The recent broad market bounce and pullback in oil prices have helped airline socks ascend to a 3.6% gain, as measured by the Amex Airline Index. In a similar vein, the Dow Jones Transports Index is up 2.0%.