the dow climbed but sp 500 and nasdaq fell in early us trading thursday as investors digested new economic data hawkish federal reserve commentary and the latest elon musk drama the tesla boss made a surprise offer to buy twitter outright days after taking a large stake in the social media company but turning down an offer to join its board meanwhile the government reported slightly weaker than expected us retail sales in march as american consumers faced high inflation while a top fed official expressed confidence the central bank rate hikes can bring the rising prices under control without jeopardizing economic growth markets are closed for a holiday on friday and patrick j ohare of briefingcom noted that the weeks final trading session includes expiration of a large amount of options  which bloomberg estimates are worth more than 2 trillion  so the potential for continued volatility remains alive and well about 20 minutes into trading the benchmark dow jones industrial average was up 05 percent at 3472293 the broadbased sp 500 was down 02 percent at 443662 while the techrich nasdaq composite index fell 06 percent to 1355686 twitter was trading 21 percent higher as markets reacted to musks offer while tesla was down three percent