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The Dow Jones Industrial Average rose over 0.5% in the opening hour on Monday after Friday’s 1% gain. The blue chip index is getting closer to its 50-day moving average. X The S&P 500 gained nearly 1% in early trading and appears to be clearing resistance at its 200-day moving average. The Nasdaq led with a market-leading gain of over 1%, but in light volume. The tech-dominated index has posted three-straight weekly gains in the new year, rallying 7%. On Friday, it cleared its 50-day line. The 200-day moving average, a line of resistance since April 2022, looms ahead. Volume…
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