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Stocks add to weekly gains, bitcoin moves higher

Yahoo Finance's Brad Smith breaks down how markets are moving in early trading Friday.

Video transcript


BRAD SMITH: Welcome back to Yahoo Finance Live, everyone. On this Beyoncé Renaissance Friday, we're closing in on the best month ever since November 2020, actually, for stocks here. We're taking a look at first the Dow Jones Industrial Average here. Over the intraday scale, you're actually seeing that up by about 1/10 of a percent. NASDAQ composite, which is up 10% over the course of July, you're seeing that at only about 1% here. We're just about 22 minutes into trade here on the day, so we'll keep a close eye on that. But up 129 points there.

The S&P 500, you're also seeing that hold onto gains by about 3/4 of a percent. Right now also want to take a look at some of the sector activity that we're tracking here on the day as well. You've got some movement in consumer discretionary. And energy really leading the pack there of the S&P 500 11 sectors. However, bringing up the caboose here, you've also got consumer staples that are actually down right now by about 1.2%. So we'll keep an eye on that. You've got some mixed activity, more advancers than decliners, though, right now.

And then just quickly here, let's just briefly check in on some of the cryptos to see how we're doing. It's been a big move higher that we've been tracking over the course of July here. And so Bitcoin, over this past 24-hour period, up by about 3.2%. We'll keep a close eye on that going forward. Of course, crypto markets, yeah, they don't close. Sozz, over to you.

BRIAN SOZZI: I won't ask you to pull up a chart on Roku. I don't want to scare anyone.