The S&P 500 Index ($SPX) (SPY) today is up +0.48%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.71%. September E-mini S&P futures (ESU25) are up +0.53%, and September E-mini Nasdaq futures (NQU25) are up +0.79%.
Stock indexes are moving higher today, led by strength in technology stocks, after President Trump announced late Wednesday that companies would be eligible for exemptions from his proposed 100% tariff on chip imports if they demonstrate a commitment to building their products in the US. Market sentiment also improved on an easing of geopolitical risks after the Russian government confirmed that Presidents Putin and Trump will meet for summit talks on ending the war in Ukraine in the next few days.
