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Barchart
Rich Asplund

S&P 500 and Nasdaq 100 Jump to Record Highs as Bond Yields Fall

Nasdaq SP Donald Trump United States Dow Jones TD Cowen Block Hess Corp NXP Semiconductors NV SP Dow Jones Indices

The S&P 500 Index ($SPX) (SPY) today is up +0.54%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.41%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.72%.  September E-mini S&P futures (ESU25) are up +0.53%, and September E-mini Nasdaq futures (NQU25) are up +0.73%.

Stock indexes are moving higher today, with the S&P 500 and Nasdaq 100 posting new all-time highs.  Lower bond yields are supportive of stocks, with the 10-year T-note yield down -6 bp to a 1-week low of 4.36%.  Also, the strength in chip stocks today is boosting technology stocks and leading the broader market higher.

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