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Barchart
Barchart
Rich Asplund

Stocks Rally on Stellar Earnings from Microsoft and Meta

The S&P 500 Index ($SPX) (SPY) today is up +0.60%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.70%.  September E-mini S&P futures (ESU25) are up +0.53%, and September E-mini Nasdaq futures (NQU25) are up +0.60%.

Stock indexes are sharply higher today, with the S&P 500 and Nasdaq 100 posting new record highs.  Stellar earnings results from Microsoft and Meta Platforms are leading megacap technology stocks and the overall market higher today as they boosted their capital spending plans and pledged to continue investing in artificial intelligence.  

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