Stock Indexes Recover on Strength in Chipmakers

The S&P 500 Index ($SPX) (SPY) today is up +0.07%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.03%.  June E-mini S&P futures (ESM26) are up +0.07%, and June E-mini Nasdaq futures (NQM26) are up +0.10%.

Stock indexes recovered from early losses today and are trading slightly higher as a rally in chipmakers gives the broader market a boost. Texas Instruments is up more than +16% to lead chipmakers higher after reporting strong earnings.  Other positive earnings results are also liftin stocks, with United Rentals up +20% and Comcast up more than +7% after reporting better-than-expected Q1 revenue. Also, Keurig Dr. Pepper is up more than +6% after reporting stronger-than-expected Q1 net sales.