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Barchart
Barchart
Rich Asplund

Stocks Rally on US Economic Strength and US-China Trade Optimism

The S&P 500 Index ($SPX) (SPY) today is up +1.06%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.91%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.56%.  March E-mini S&P futures (ESH25) are up +1.05%, and March E-mini Nasdaq futures (NQH25) are up +1.59%. 

Stocks today are moderately higher, with the S&P 500 and Nasdaq 100 posting 1-1/2 week highs and the Dow Jones Industrials posting a 1-month high.  Lower T-note yields support stocks today as the 10-year T-note yield fell to a 2-week low of 4.566%.  Also, the strength in chip stocks is lifting the overall market. 

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