Stocks drift higher after Thursday rally

A generic image of a pen on top of a stock chart. Credit: Shutterstock photo

After the open... Stocks were trading with modest gains Friday morning after a huge rally on Thursday. Today's quadruple witching day could cause some extra volatility this afternoon.

Industries trading higher this morning include energy equipment and services; metals and mining; and distributors. Trading lower this morning are Leisure products; textiles, apparel and luxury goods; and multiline retail.

The VIX is up 1.9% at 17.13 after closing yesterday at 16.81. Options on Tesoro Corp. ( TSO ) have appeared on the most-active list today with more than 13,996 contracts of the Jan. 70 put changing hands. NYSE Adv/Dec 1,409/1,389 Nasdaq Adv/Dec 778/1,517. [InvestorsKeyhole, various news and data sources]

This article was originally published on MarketIntelligenceCenter.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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