The S&P 500 Index ($SPX) (SPY) today is up +0.20%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.28%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.05%. March E-mini S&P futures (ESH25) are up +0.21%, and March E-mini Nasdaq futures (NQH25) are up +0.07%.
Stocks today are slightly higher in quiet holiday trade, with the markets closed on Wednesday for the New Year’s Day holiday. Chip stocks are moving higher today, recovering some of Monday’s losses to lead the overall market higher. Energy stocks are also climbing today, with WTI crude oil rising to an 8-week high. Stocks are also seeing support from today’s decline in the 10-year T-note yield to a 1-week low.
