The S&P 500 Index ($SPX) (SPY) today is up +0.58%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.89%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.52%. September E-mini S&P futures (ESU25) are up +0.53%, and September E-mini Nasdaq futures (NQU25) are up +0.50%.
Stock indexes today are extending this week's rally, with the S&P 500 and Nasdaq 100 posting new all-time highs, and the Dow Jones Industrials posting a 3-3/4 month high. Positive trade news is buoying stocks today as the US moves closer to trade deals with China and other trading partners. Stocks added to their gains today after the University of Michigan's US June consumer sentiment index improved, as inflation expectations unexpectedly declined. Stocks remained higher despite the weaker-than-expected US May personal spending and income reports, as well as the stronger-than-expected May core PCE price index.
