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Barchart

Rich Asplund

Stocks Mostly Higher on US Economic Optimism

United States Musalem ECB St. Louis Fed US Federal Reserve Nvidia

The S&P 500 Index ($SPX) (SPY) today is up by +0.37%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.53%.

Stocks today are mostly higher on upbeat comments from New York Fed President Williams who said the Fed is "well positioned" to pull off a soft landing for the US economy. Also, today’s news showed the US Aug trade deficit fell to a 5-month low, a positive factor for US Q3 GDP.

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