The S&P 500 Index ($SPX) (SPY) this morning is up +0.61%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.60%.
US stock indexes this morning are moderately higher, with the S&P 500 and Nasdaq 100 posting 3-week highs and the Dow Jones Industrials posting a 3-1/2 week high. Stocks have support today from strength in chip stocks and carryover support from last Friday’s Fed-friendly US payroll report that bolstered expectations for the Fed to cut interest rates this year.
