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The S&P 500 Index ($SPX) (SPY) is up +1.14%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.50%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.64%. March E-mini S&P futures (ESH25) are up +1.14%, and March E-mini Nasdaq futures (NQH25) are up +1.68%.
Stocks are climbing today, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 posting 1-week highs. The strength of chip makers is leading the overall market higher. Nvidia is up more than +4% after its Taiwanese partner Hon Hai Precision Industry Co reported stronger-than-expected revenue growth. Also, Microsoft is up more than +1% after announcing plans to spend $80 billion on data centers and raise its 2025 capex spending.