The S&P 500 Index ($SPX) (SPY) today is up +0.06%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.03%. December E-mini S&P futures (ESZ25) are up +0.05%, and December E-mini Nasdaq futures (NQZ25) are up +0.02%.
Stock indexes are slightly higher today on strength in chip makers. Also, AI optimism is lifting technology stocks after China's Alibaba said it plans to boost its AI spending outlays beyond an initial $50 billion target. Higher bond yields today are limiting the upside in stocks, as the 10-year T-note yield is up +2 basis points at 4.13%.
