The upbeat bias present in early action has faded. The three major
indices were seeing strong gains, but their advance is quickly
reversing.
Still, the Nasdaq is posting a healthy advance, thus far. Its gain is
being helped by strength in large-cap tech names, like Microsoft (MSFT
23.62, +0.61) and Apple (AAPL 93.89, +4.10). Both stocks hit new
52-week lows in the previous session.