The S&P 500 Index ($SPX) (SPY) today is up by +0.32%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.48%. December E-mini S&P futures (ESZ25) are up +0.30%, and December E-mini Nasdaq futures (NQZ25) are up +0.47%.
Stock indexes are rallying today, with the S&P 500 climbing to a 5-week high, the Nasdaq 100 reaching a 1-month high, and the Dow Jones Industrial Average hitting a 3-week high. Optimism about the economic outlook and the prospects of Fed rate cuts are fueling a stock rally. Market seasonals are also supportive of stocks, as December is typically a bullish month. Strength in semiconductor stocks today is another supportive factor for the broader market.
