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Barchart
Rich Asplund

Stocks Rise on Intel’s Earnings and Possible Resumption of Iran Peace Talks

The S&P 500 Index ($SPX) (SPY) today is up +0.41%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.33%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.36%.  June E-mini S&P futures (ESM26) are up +0.38%, and June E-mini Nasdaq futures (NQM26) are up +1.35%.

Stock indexes are mostly higher today, with the Nasdaq 100 posting a new all-time high.  Intel is up more than +22% at a record high to lead chipmakers higher after forecasting Q2 revenue of $13.8 billion to $14.8 billion, well above expectations of $13.04 billion.  The surge in Intel has reignited optimism over the economic potential of artificial intelligence for semiconductor manufacturers. 

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