The S&P 500 Index ($SPX) (SPY) today is up (+0.41%), the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.17%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.94%. Dec E-mini S&P futures (ESZ24) are up +0.40%, and Dec E-mini Nasdaq futures (NQZ24) are up +0.97%
Stock indexes today are moderately higher, with the Nasdaq 100 posting a new all-time high. Today’s decline in T-note yields has boosted sentiment for equities. Some positive corporate news also supports stocks, with Broadcom up more than +5%, adding to last Friday’s +24% surge after it reported better-than-expected Q4 adjusted EPS and forecast sales of its AI products will surge +65% in the fiscal first quarter. Also, Capri Holdings is up more than +7% after Women’s Wear Daily reported that the company is looking for buyers for its Versace and Jimmy Choo brands.
