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Barchart
Barchart
Rich Asplund

Stocks Supported by Strength in Chip Stocks and Lower Bond Yields

TE Nasdaq SP United States Donald Trump China US Federal Reserve

The S&P 500 Index ($SPX) (SPY) today is up +0.48%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.58%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.41%.  March E-mini S&P futures (ESH25) are up +0.51%, and March E-mini Nasdaq futures (NQH25) are up +0.44%. 

Stock indexes today are moderately higher on strength in chip stocks and lower T-note yields.  Stocks also received support on relief that today’s report on US Feb retail sales ex-autos rose as expected, easing concern that the recent plunge in consumer confidence would undercut consumer spending.

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