The S&P 500 Index ($SPX) (SPY) today is up +0.60%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.52%. September E-mini S&P futures (ESU26) are up +0.63%, and September E-mini Nasdaq futures (NQU26) are up +1.56%.
Stock indexes are moving higher today, led by strength in chipmakers and AI infrastructure stocks. Stocks also found support on today’s US economic news, which showed service sector activity continued to expand in June, albeit at a slower pace, as companies boosted payrolls amid easing cost pressures.