Major indices are mixed in early US trading

<p>There is a rotation out of the NASDAQ stocks into the Dow industrial average in early US trading. </p><p>Today Caterpillar and Merck announced their earnings. They are leading the Dow stocks higher (Caterpillar shares are up 4.59% while Merck is trading up 1.35%). The market is preparing for Apple and Amazon on Thursday after the close and finding some sellers in the big cap tech stocks.</p><p>A snapshot of the market currently shows:</p><ul><li>Dow industrial average up 65.90 points or 0.19% at 35625.44</li><li>S&amp;P index -9.02 points or -0.20% at 4579.95</li><li>NASDAQ index -72.96 points or -0.51% at 14273.06</li></ul><p>Looking at some individual stocks:</p><ul><li>Microsoft is trading down -0.44%. Recall last week the market was disappointed with Microsoft's earnings</li><li>Apple is trading near unchanged</li><li>Amazon is trading down $1 -0.76%</li><li>Adobe which moved sharply higher yesterday is trading down to dollars or -0.37% today</li><li>Nvidia is trading down $3.74 or -0.80%</li><li>Alphabet is also lower by $1.54 or -1.16%</li><li>Meta is down $-3.80 or -1.18%</li></ul>

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