The market traded mixed during the midday with the Dow gaining 58 points to 20,834. Nasdaq fell 25 points to 5,835.
Amazon is moving closer to opening its first drive-through grocery store with its recent application for a liquor license. The new store has been designed for efficiency with no shelves to display items. Customers place orders online then drive to the store during a 15-minute to two-hour pick-up window where a worker will deliver the groceries to the customer's car.
In anticipation of a blockbuster Snap initial public offering, the New York Stock Exchange will run a test of the messaging app's market debut this Saturday. Traders have been asked to submit sample orders to test the ability of the NYSE's software to handle the expected volume of transactions. The NYSE conducted trial runs of Twitter's IPO in 2013 and Alibaba's debut in 2014.
Norwegian Air Shuttle will expand the number of routes that it offers between the United States and Europe beginning in mid-June. Ticket prices will begin at $65 for one way flights to the United Kingdom and Ireland from smaller airports in the U.S. There will only be a very limited number of tickets offered at the extreme low price.
In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners edged out advancers by nearly 2 to 1 on Nasdaq. The broader S&P 500 index added a point to 2,364. Bitcoin soared $24 to $1,139.
