The S&P 500 Index ($SPX) (SPY) today is up +0.93%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.89%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.17%. June E-mini S&P futures (ESM26) are up +0.76%, and June E-mini Nasdaq futures (NQM26) are up +0.92%.
Stock indexes are climbing for a second day today as the rebound in the artificial intelligence trade continues. Strength in chipmakers and AI-infrastructure stocks is leading gainers in the broader market. Also, today’s -2% decline in WTI crude oil prices (CLN26) has knocked inflation expectations lower and is supportive for stocks and bonds.
