The S&P 500 Index ($SPX) (SPY) today is down -0.08%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.20%. March E-mini S&P futures (ESH25) are up +0.05%, and March E-mini Nasdaq futures (NQH25) are up +0.17%.
Stock indexes today are mixed, with the Dow Jones Industrials posting a 1-week high. Stocks are seeing support from some positive corporate news. Intel is up more than +3% to lead chip makers higher after Reuters reported that Nvidia and Broadcom are running manufacturing tests that indicate the companies are moving closer to determining whether to commit manufacturing contracts to Intel. Also, Allegro MicroSystems is up more than +11% after Bloomberg reported the company is drawing takeover interest from ON Semiconductor. In addition, Capri Holdings Ltd is up more than +7% after Bloomberg reported that Prada SpA is close to buying Versace from Capri Holdings for $1.6 billion.
