The S&P 500 Index ($SPX) (SPY) today is up +1.30%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +1.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.43%. June E-mini S&P futures (ESM25) are up +1.54%, and June E-mini Nasdaq futures (NQM25) are up +1.74%.
Stock indexes today are moderately higher, recovering some of Monday’s plunge. Stocks found support today on trade deal optimism after US trade negotiators said they have made “significant progress” toward a bilateral trade deal with India following talks between Vice President Vance and Indian Prime Minister Modi. Also, lower T-note yields today are supporting stocks after the 10-year T-note yield fell from a 1-week high and is down -3.3 bp to 4.377%.
