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Barchart
Barchart
Rich Asplund

Stocks Climb on Apple Earnings Results and Benign US Inflation News

The S&P 500 Index ($SPX) (SPY) today is up +0.45%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.85%.  March E-mini S&P futures (ESH25) are up by +0.42%, and March E-mini Nasdaq futures (NQH25) are up by +0.88%. 

Stock indexes are climbing today, with the Dow Jones Industrials posting an 8-week high.  Stocks have support on better-than-expected stock earnings news.  Apple is up more than +2% after forecasting a stronger-than-expected outlook.  Also, Atlassian is up more than +17% after reporting stronger-than-expected Q2 revenue and raising its full-year revenue estimate.  In addition, AbbVie is up by more than +7% after reporting Q4 adjusted EPS above consensus and forecasting stronger-than-expected 2025 adjusted EPS.

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