The S&P 500 Index ($SPX) (SPY) Monday closed up (+0.38%), the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.45%. Dec E-mini S&P futures (ESZ24) are up +0.33%, and Dec E-mini Nasdaq futures (NQZ24) are up +1.41%
Stock indexes Monday settled mixed, with the Nasdaq 100 posting a new all-time high and the Dow Jones Industrials posting a 3-week low. Some positive corporate news Monday supported stocks, with Broadcom closing up more than +11%, adding to last Friday’s +24% surge after it reported better-than-expected Q4 adjusted EPS and forecast sales of its AI products will surge +65% in the fiscal first quarter. Also, Micron Technology closed up more than +5% on expectations that its adjusted earnings results to be released on Wednesday may have tripled.
