Early Update – Mixed Open Favoring Growth and Mega Caps Over Value and Small Caps

1120 a.m. ET Rising market rates have kept pressure on equities after a stellar showing in November. Intel CEO, Pet Gelsinger, retired. Microsft (MSFT +1.95%)knee-jerked higher on the news. That helped the SPX and NDX gain into the open, but value and cyclically based DJIA and Small Caps saw money come out at the same…