The Nasdaq continues to drive US equities

<p>The S&amp;P 500 and Russell 2000 are flat today but the Nasdaq is up another 0.5% in the fifth straight day of gains. </p><p>Memory and chipmakers are leading the way:</p><ul><li>WDC +6.6%</li><li>MU +3.1%</li><li>AVGO +2.8%</li><li>INTC +2.2%</li></ul><p>But Amazon +2% and Shopify +9.6% are other tech companies up big. Salesforce is another big name up 4% after reporting strong earnings.</p><p>The tech sector is benefiting from lower yields this week as a duration trade while not expressing any kind of worry about a consumer slowdown, including in shares of Apple which are also up for five straight days.</p><p>It's the turn of the calendar next month and September is the softest month, seasonally for stocks. I also don't believe that falling yields can continue to sustain bids in tech, but that's certainly debatable.</p>

This article was written by Adam Button at www.forexlive.com.