Major indices are split, with the Nasdaq and S&P 500 moving up from session lows, while the Dow Jones and Russell 2000 continue lower.

Mega cap names are mostly moving higher and helping the S&P 500 and Nasdaq to move higher.

Four sectors are in the green with Communication Services (XLC) leading, followed by Technology (XLK). Meanwhile, Consumer Staples (XLP) is the laggard.

The Ten-Year Treasury Yield (TNX) is up 2.7 basis points to 4.287%.

The Dallas Manufacturing index fell to -1.8 in August from 0.9 in July.

Notable Points:

• Production Index fell to 15.3 from 21.3
• Capacity utilization fell to 13.7 from 17.3
• New Orders rose to 5.8 from -3.6
• Shipments rose to 14.2 from 2.7
• Outlook Uncertainty Index rose to 18.3 from 11.3.