The S&P 500 Index ($SPX) (SPY) is up by +0.60% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +1.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.12%. December E-mini S&P futures (ESZ26) are up +0.60%, and December E-mini Nasdaq futures (NQZ26) are up +0.15%.
Stock indexes recovered from early losses today and are moving higher, with the Dow Jones Industrials climbing to a 5-week high. Better-than-expected corporate earnings results are propelling stocks higher today. Chipmakers and AI-infrastructure stocks also recovered from early losses and moved higher. Lower bond yields are also supporting stocks, as the 10-year T-note yield fell -5 bp to 5.09%.
