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Barchart
Barchart
Rich Asplund

Stocks Climb on Positive Corporate News

IT United States US Federal Reserve ArcherDanielsMidland Cummins Inc NXP Semiconductors NV Palantir Technologies

The S&P 500 Index ($SPX) (SPY) today is up +0.52%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.74%.

Stocks today are trading moderately higher, supported by some positive corporate news.  Chips stocks are climbing today, led by an +11% jump in GlobalFoundries after it reported better-than-expected Q3 net revenue and forecasted Q4 net revenue above consensus.  Also, Palantir Technologies is up more than +19% after reporting stronger-than-expected Q3 revenue and raising its full-year adjusted operating profit estimate.

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