The S&P 500 Index ($SPX) (SPY) today is up +0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.22%.
US stocks today are mostly higher, with the S&P 500 climbing to a 1-month high and the Nasdaq 100 posting a 4-week high. A decline in T-note yields today is supportive of stocks. Positive corporate news today is also boosting stocks. Palo Alto Networks is up more than +5% after reporting Q4 revenue above consensus and forecasting stronger-than-expected 2025 revenue. Also, Eli Lilly is up more than +3% after it said a study of patients taking its Zepbound weight-loss drug were 94% less likely to develop diabetes in a three-year study. In addition, Fabrinet is up more than +16% after reporting better-than-expected Q4 adjusted EPS and forecasting Q1 adjusted EPS above consensus.
