The S&P 500 Index ($SPX) (SPY) today is up +0.27%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.48%. June E-mini S&P futures (ESM25) are up +0.32%, and June E-mini Nasdaq futures (NQM25) are up +0.53%.
Stock indexes are moderately higher today, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 posting 2-week highs. Stocks extended Monday's sharp gains in hopes that next week's upcoming US reciprocal tariffs would be more targeted than previously stated and narrower than initially planned, with President Trump telling reporters, "I may give a lot of countries breaks." Strength in the Magnificent Seven stocks today is supporting gains in the broader market. Stock gains are limited after US Mar consumer confidence fell more than expected to a 4-year low, boosting concerns about an economic slowdown.
