The S&P 500 Index ($SPX) (SPY) today is up +0.25%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.38%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.05%. March E-mini S&P futures (ESH25) are up +0.28%, and March E-mini Nasdaq futures (NQH25) are up +0.13%.
Stocks today are slightly higher. The strength of chip makers is supportive of the overall market, with Micron Technology up more than +5% after Nvidia said the company is providing it with memory chips for its new GPUs. Stocks have carryover support from Monday when the Washington Post reported that President-elect Trump’s aides are weighing universal tariff plans covering only critical imports. If implemented, such a plan would disrupt global trade less than expected and reduce the inflationary impact of the tariffs.
