Australia markets open in 3 hours 36 minutes

    -32.80 (-0.42%)

    +0.0041 (+0.60%)
  • ASX 200

    -34.90 (-0.46%)
  • OIL

    +2.87 (+3.87%)
  • GOLD

    +4.90 (+0.26%)

    -232.46 (-0.69%)
  • CMC Crypto 200

    +5.43 (+1.03%)

Stocks reverse course into the close, real estate sector among biggest losers of the day

Yahoo Finance's Ines Ferre takes a look at today's market action and how stocks turned green before the close.

Video transcript

DAVE BRIGGS: Welcome back. We are minutes away from the closing bell. Yahoo Finance's Ines Ferre standing by at the YFi Interactive to see if we can-- yes, we can-- rally into the positive. Wow, that was a quick turning, Ines, from the time we came on the air an hour ago.

INES FERRE: Oh, wow, Dave, such a reversal. Looking at the NASDAQ right now, it's up more than 1 and 1/2%. Take a look at the volatility throughout the day. The S&P 500 set to close 6/10 of a percent higher. The Dow up about 2/10 of a percent. Let's take a look at the sector action. We had seen real estate, which is a laggard. But take a look here. Communication services on the upper left, technology, energy stocks, those are the ones that are gaining.

And on the left-hand side of the screen, wow, look at Amazon. It was down more than 2 and 1/2%. It could close in the green. You're looking at Tesla up more than 3 and 1/2%. Also, communication services I mentioned, that's-- Meta is included in that, up more than 5%. Netflix also up more than 4 and 1/2%. And you've got Microsoft and Alphabet that are also in green territory.

Looking at the travel sector, we do want to point out Spirit down 9% today after rejecting Jetblue's takeover bid. And also looking at the semiconductor space, that is heavily in the green. You've got Nvidia up more than 5%, and also Qualcomm up more than 3% as well as a Broadcom. Here's the closing bell for today, Monday, May 2.