The S&P 500 Index ($SPX) (SPY) is up by +0.09% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.35%. December E-mini S&P futures (ESZ26) are up +0.07%, and December E-mini Nasdaq futures (NQZ26) are down -0.42%.
Stock indexes are mixed today, with the Dow Jones Industrials posting a 2.5-week high. Stocks have support on the prospect of solid quarterly earnings results that will begin this week. Goldman Sachs today raised its three-month view on global equity markets to overweight from neutral, saying. “Earnings growth remains supportive for equities and the recent valuation de-rating has improved asymmetry into the third-quarter earnings season.” Also, strength in software stocks and energy producers are leading the broader market higher today.
