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Barchart
Barchart
Rich Asplund

Stock Indexes Higher on Strength in Tech Stocks

The S&P 500 Index ($SPX) (SPY) today is up +0.41%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.50%.  March E-mini S&P futures (ESH26) are up +0.40%, and March E-mini Nasdaq futures (NQH26) are up +0.45%.

Stock indexes are trading higher this morning on support from tech stocks and strength in some of the Magnificent Seven, with Tesla (TSLA) up more than +2% and Nvidia (NVDA) and Meta (META) up more than +1%.  Sentiment towards AI stocks has improved after Micron’s (MU) positive results last week, which also supported chip stocks.  Also, precious metals miners are showing strength today with gold and silver posting new record highs.

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