The S&P 500 Index ($SPX) (SPY) today is up +1.20%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.82%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.26%. June E-mini S&P futures (ESM25) are up +1.22%, and June E-mini Nasdaq futures (NQM25) are up +1.28%.
Stock indexes today are moderately higher after President Trump late last Friday said he will temporarily exempt consumer electronics, including smartphones and computers, from reciprocal tariffs and the baseline 10% global tariffs. However, a 20% tariff still applies to electronics shipped from China. The Magnificent Seven stocks and chip makers are moving higher on the tariff news to lead the overall market higher.
