Intraday Update – Mega-Caps Starting To Lead
2:40 p.m. ET The mega-caps are starting to display better relative performance and support the major averages as yields drop toward cash session lows. Mega-caps were doing nothing this morning. This is lifting several of the averages from unchanged, but Small Caps still outperform amid the ongoing short squeeze. SP-500 +0.4%, Dow +0.3% (Transports -0.5%),…