US stock markets are showing strong momentum today. All major indices are trading in the green. Gains are led by tech and small cap stocks. At the same time, market fear is cooling down as volatility drops.
Nasdaq rises 1.23 percent while S&P 500 gains 1.02 percent
Nasdaq is leading the rally. It is up by 1.23 percent. The index is now at 23183.74. It saw strong buying through the session. Tech stocks are clearly driving this move.
S&P 500 is also performing well. It is up 1.02 percent at 6886.24. The index touched a high of 6887.00 during the session. This shows broad market strength.
Dow Jones is slightly slower but still positive. It is up 0.63 percent. The index is trading at 48218.25. It gained 301.68 points today.
Small cap index jumps 1.52 percent showing strong risk appetite
Small Cap 2000 is the top gainer today. It has surged 1.52 percent. The index is now at 2670.49. This shows investors are willing to take more risk.
High growth and smaller companies are seeing fresh buying. This usually happens when market confidence improves.
VIX falls 4.50 percent signaling lower market fear
The volatility index is down sharply. VIX has dropped 4.50 percent. It is now at 18.26.
A falling VIX means traders are less worried about sudden market swings. This supports the ongoing rally in equities.
The overall trend is clear. Markets are moving up with strong confidence. Tech and small caps are leading. Lower volatility is adding more support to this upward move.