The S&P 500 Index ($SPX) (SPY) today is up +0.67%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.85%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.40%. September E-mini S&P futures (ESU26) are up +0.58%, and September E-mini Nasdaq futures (NQU26) are up +0.43%.
Stock indexes are moving higher today, with the S&P 500 posting a 2-week high and the Dow Jones Industrials posting a new all-time high. Stocks are climbing today after a slower-than-expected increase in US nonfarm payrolls knocked bond yields lower and bolstered speculation that the Fed will be unable to raise interest rates any time soon. US hiring slowed sharply in June and was revised lower in May even as the unemployment rate fell to a 1-year low.
