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Barchart
Rich Asplund

Stocks March Higher as Netflix and Oracle Soar

The S&P 500 Index ($SPX) (SPY) today is up +0.49%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.10%.  March E-mini S&P futures (ESH25) are up +0.52%, and March E-mini Nasdaq futures (NQH25) are up +1.2%. 

Stocks today extended Tuesday's gains, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 posting 5-week highs.  Strength in technology stocks is leading the overall market higher today, with Netflix up more than +13% after reporting better-than-expected Q4 earnings results.  Also, Oracle is up more than +6%, adding to Tuesday's +6% jump, as the company teams up with Softbank Group and Open AI to form a $100 billion joint venture to fund artificial intelligence infrastructure. 

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