The S&P 500 Index ($SPX) (SPY) today is up +0.22%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.17%. September E-mini S&P futures (ESU25) are up +0.30%, and September E-mini Nasdaq futures (NQU25) are up +0.20%.
Stock indexes are moving higher today, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 all posting new all-time highs. Stocks are supported after today's as-expected Aug CPI report and an unexpected surge in weekly jobless claims to a 3.75-year high knocked bond yields lower and cemented expectations for Fed rate cuts. The 10-year T-note yield fell to a 5-month low of 3.99%.
