S&P 500 and Nasdaq 100 Post Record Highs on AI Optimism

The S&P 500 Index ($SPX) (SPY) today is up +0.10%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.15%.  December E-mini S&P futures (ESZ25) are up +0.12%, and December E-mini Nasdaq futures (NQZ25) are up +0.20%.

Stock indexes are climbing today, with the S&P 500 and Nasdaq 100 posting new all-time highs, and the Dow Jones Industrial Average reaching a one-week high.  Strength in chip makers and AI-infrastructure stocks is lifting the broader market today as investors rush to get exposure to artificial intelligence.  Positive carryover from today’s rally in European stocks to a new record high is also underpinning US equities.  Stocks are climbing today despite the US government being shut down for a second day.