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S&P 500, Nasdaq open higher to extend September recovery

Seana Smith and Brad Smith

US stock market averages (^DJI, ^IXIC, ^GSPC) open higher, extending yesterday's rebound from September volatility. Chipmaker Nvidia (NVDA) is also seemingly rallying along with the rest of the tech sector.

The Morning Brief's Seana Smith and Brad Smith report on market movements after Monday's opening bell, taking note of trends in the bond market (^TYX, ^TNX, ^FVX).

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.

Video transcript

This is Yahoo Finance's flagship show, The Morning Brief brought to you by Invesco.

We are taking a look at the opening bell here at the NYSC.

You've got a look at Goldman Sachs, 1 million black women, black in business ringing the opening bell there.

And then you've got T Rowe price ringing the opening bell at the NASDAQ.

All right, trading has officially commenced.

Let's take a quick check of the markets as we're taking a look at the US major averages, the, the S and P 500 the NASDAQ all opening higher here to begin.

Today's trading activity fractional gains, the S and P 500 the NASDAQ both up by about 3/10 4 10th of a percent.

The dow higher by about 1/10 of a percent right now.

And Brad, when you take a look at the bond market, of course, much of that action has really been the focus here as we did see a move higher in the 10 year yields.

You are looking at a push slightly to the upside.

Once again, today, we're hovering right around 37 for the 10, your yield and flipping over to some of that sector action, we want to take a look at tech specifically because that has really been in focus ever since Nvidia's results well, really much longer than that, but specifically in focus here over the last couple of weeks following that Nvidia's results that we did get technology had led the rebound yesterday following last week's underperformance.

Once again, today, we are seeing this move to the upside here this morning.