The S&P 500 Index ($SPX) (SPY) today is up +0.24%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.50%. December E-mini S&P futures (ESZ25) are up +0.27%, and December E-mini Nasdaq futures (NQZ25) are up +0.65%.
Stock indexes are rising today as strong technology earnings boost market sentiment and support gains in stocks. Optimism that AI spending will continue to rise is pushing stocks higher today after Taiwan Semiconductor Manufacturing Co., the world's most advanced semiconductor manufacturer and chipmaker for Apple and Nvidia, raised its projections for 2025 revenue growth for the second time this year. This underscored the strength in global AI spending.
