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Barchart
Barchart
Rich Asplund

Chip Stock Strength Pushes the S&P 500 and Nasdaq 100 to Record Highs

The S&P 500 Index ($SPX) (SPY) today is up +0.22%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.28%.

Stock indexes today are mixed, with the S&P 500 and Nasdaq 100 posting new all-time highs.  Today's strength in chip stocks is leading technology stocks and the overall market higher.  Higher T-note yields today are a negative factor for equities.  The broader market remained higher today after balanced comments from Fed Chair Powell.

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