The S&P 500 Index ($SPX) (SPY) today is up +0.72%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.82%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.50%. September E-mini S&P futures (ESU26) are up +0.56%, and September E-mini Nasdaq futures (NQU26) are up +0.33%.
Stock indexes are climbing today, as the market recovers some of Tuesday’s sharp selloff, with investors looking ahead to Micron Technology’s earnings results after today’s close to gauge whether artificial intelligence is living up to expectations. Micron Technology is one of the biggest beneficiaries of the soaring demand, as companies stand to gain from the billions of dollars being pumped into AI infrastructure, with the stock up more than 260% this year.
