The S&P 500 Index ($SPX) (SPY) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.40%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.15%. December E-mini S&P futures (ESZ26) are up +0.13%, and December E-mini Nasdaq futures (NQZ26) are up +0.12%.
Stock indexes are mixed today, with the Dow Jones Industrials falling to a 3.5-month low. The broader market is moving higher today after an upbeat forecast from Micron Technology bolstered expectations that ramped-up AI spending will continue. Micron Technology, the largest US maker of memory chips, forecasts revenue of about $61.5 billion in fiscal Q1, which runs through November, well above the consensus of $56.8 billion, signaling AI investment spending remains strong.
