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Barchart
Barchart
Rich Asplund

Broader Market Mostly Higher on Positive Big Tech News

The S&P 500 Index ($SPX) (SPY) today is up +0.15%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.38%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.51%.

Stock indexes today are mixed.  Positive news from big technology companies is boosting the broader market today, with Netflix up more than +9% after reporting better-than-expected Q3 streaming paid customers.  Also, Apple is up more than +1% after its new iPhone 16 sales in China were reported to be up 20% in their first three weeks compared with last year’s model.  Today’s US housing news was mixed as Sep housing starts were above expectations, but Sep building permits, a proxy for future construction, were below expectations.

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