The S&P 500 Index ($SPX) (SPY) today is up by +0.60%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.68%.
Stocks today are climbing, with the S&P 500 and Dow Jones Industrials posting new all-time highs and the Nasdaq 100 posting a 3-month high. Optimism around Q3 corporate earnings is boosting stock prices today after bank stocks rallied last Friday on strong earnings results from JPMorgan Chase and Wells Fargo. Also, rallies in megacap technology and chip stocks today are lifting the overall market. Losses in Boeing and Caterpillar are limiting gains in the Dow Jones Industrials. Trading volumes are below average today, with trading in the cash Treasury market closed for the Columbus Day holiday, although stock trading remains open.
