Nasdaq 100 surges ahead of this week's retail earnings

Yahoo Finance's Jared Blikre takes a look at how the Nasdaq 100 and major sectors are performing into the close.

Video transcript

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SEANA SMITH: Just about 90 seconds here from the closing bell. Jared Blikre has a closer look at some of these movers this afternoon. Jared.

JARED BLIKRE: Well, let's take a look at some of the action in the majors today. The NASDAQ is a leader. That is up 6/10 of a percent. All the majors did start out the day in red territory. However, have climbed back into the green. This would be the fifth week, fifth straight week for gains in the NASDAQ, as well as the S&P 500. But we got four days and change to go into the close.

Now, consumer staples, that is a leader today. That's up 1%, followed by utilities. That would normally be a defensive sector setup. But we also have consumer discretionary, tech, and healthcare and real estate. All of those are outperforming. And if we take a look inside the NASDAQ, we can see a lot of green here. Tesla is a standout. That is up 3%. Some pharmaceutical names, Gilead, Vertex, up 5%, 3% respectively.

And let me just show you. I've been away for a couple of weeks. Let me just show you how much each of these stocks is off their 52-week lows. So Tesla up 50%, Amazon up 41%, Apple up 34%, a lot of these names recently releasing earnings.

But I want to check out the retail sector because that is where we are going to go tomorrow. We have Home Depot and Walmart earnings on deck. We can see Costco up 1 and 1/2% today. But I'm going to close with the travel sector. We did get some green here. That is on the lowest close in crude oil in some time.