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Seeking Alpha 2021-07-26 16:03:11

Dow Jones, S&P 500, Nasdaq perk up in midday trading, staying near record highs

After dipping earlier in the session, the three major U.S. stock averages all pull up into positive territory, though just barely for the Nasdaq, bringing them near or past their all-time records.The S&P 500 rises 0.2%, the Dow +0.1%, and the Nasdaq gains 0.1% in midday trading."U.S. equities remain resilient as they continue to climb the wall of worry into record-high territory," Craig Sandler, a technical market strategist at Piper Sandler said in a note to clients. "An impressive start to earnings season has kept the buy the dip sentiment alive and offset concerns over peak growth and rising new cases of coronavirus."Tesla powers up 3.2% as bitcoin revives to $38.6K and ahead of the EV auto makers' Q2 earnings release after today's close. Energy names also buoy the broader indexes. Exxon Mobil rises 2.2% as it expects its Saudi Gulf Coast JV project to start ahead of schedule; Chevron gains 2.1%.Among decliners, Willis Towers Watson shares drop

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