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Barchart
Barchart
Rich Asplund

Stocks Climb as Alphabet and Apple Rally and Bond Yields Stabilize

The S&P 500 Index ($SPX) (SPY) today is up by +0.38%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.46%.  September E-mini S&P futures (ESU25) are up +0.37%, and September E-mini Nasdaq futures (NQU25) are up +0.49%. 

Stock indexes are mostly higher today, recovering some of Tuesday's losses on strength in megacap technology stocks.  Alphabet is up more than +7% after a judge ruled in an antitrust case late Tuesday that the company won't be forced to sell its Chrome browser. Also, Apple is up more than +2% after a court ruling stopped short of barring the company's lucrative search arrangement with Google, a deal that has generated roughly $20 billion in revenue a year for Apple. 

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