The S&P 500 Index ($SPX) (SPY) today is up +0.70%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.95%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.58%.
Stocks today are moderately higher, recovering some of last Friday’s sharp sell-off on some light dip buying. Also, the strength in chip stocks today is boosting the broader market. In addition, some positive corporate news is giving stocks a lift today. Palantir Technologies is up more than +11%, and Dell Technologies is up more than +4%, following the news that both companies will join the S&P 500 as part of the latest quarterly change to the index before the opening of trading on September 23. Boeing is also up more than +3% on optimism that a labor deal with its largest union will avoid a strike at its Seattle-area factories.
