All major indices are mostly higher today as the Street gears up for more economic data this week that should give hopes for another interest rate cut. The Nasdaq Composite is taking the lead, up 1.12%, and the S&P 500 hovers near the highs of day.

Crude and most metals are getting a hasty retreat.

The Fear and Greed Index is still stuck on Greed bordering on Extreme Greed.

Most sectors are in green, led by Technology (XLK) and Consumer Discretionary (XLY). Energy (XLE) is getting hammered today and is having its worst day since October 2023.

Nvidia (NVDA) is again helping Technology and the market.