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Barchart
Barchart
Rich Asplund

Stocks Climb on Chip Stock Strength and a Fed-Friendly US Payroll Report

The S&P 500 Index ($SPX) (SPY) today is up +0,47%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.71%.  March E-mini S&P futures (ESH25) are up +0.24%, and March E-mini Nasdaq futures (NQH25) are up +0.40%. 

Stock indexes today are moderately higher on strength in chip stocks, led by a +6% jump in Broadcom after it reported better-than-expected Q1 earnings results and gave an outlook that was seen as strong.  Energy stocks are also climbing today, with WTI crude oil increasing by more than +2%.

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