The S&P 500 Index ($SPX) (SPY) today is up by +0.79%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +1.43%. December E-mini S&P futures (ESZ25) are up +0.78%, and December E-mini Nasdaq futures (NQZ25) are up +1.40%.
Stock indexes are moving higher today, led by a rebound in chip stocks following Wednesday’s rout. Micron Technology, the largest US memory-chip maker, is up more than +14% to lead chip stocks higher after giving an upbeat forecast for the current quarter, citing surging demand and supply shortages that are allowing the company to charge more for its products.
