The S&P 500 Index ($SPX) (SPY) is up by +0.49% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.38%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.60%. December E-mini S&P futures (ESZ26) are up +0.54%, and December E-mini Nasdaq futures (NQZ26) are up +0.62%.
Stock indexes are climbing today, with the S&P 500 and Nasdaq 100 posting new all-time highs and the Dow Jones Industrials posting a 1-week high. Sliding crude oil prices have eased inflation expectations and lowered bond yields today, supporting stock gains. Market sentiment has improved as WTI crude oil is down more than -2% to a 1-month low today on signs that more oil supplies are leaving the Middle East. The 10-year T-note yield is down -4 bp to 5.27%.
