The S&P 500 Index ($SPX) (SPY) today is up +0.37%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.51%. March E-mini S&P futures (ESH25) are up +0.29%, and March E-mini Nasdaq futures (NQH25) are up +0.39%.
Stock indexes are moving higher today, led by strength in chip stocks. Also, some positive corporate news is boosting the overall market. Super Micro Computer is up more than +16% after it filed its 10-K for the period ending June 30 to meet a deadline for submitting outstanding financial reports to regain compliance and stay listed on the Nasdaq exchange. Axon Enterprise is up more than +13% after reporting better-than-expected Q4 net sales and forecasting full-year revenue above consensus. In addition, Intuit is up more than +12% after reporting stronger-than-expected Q2 net revenue.
