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The S&P 500 Index ($SPX) (SPY) today is up +0.74%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.57%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.20%. June E-mini S&P futures (ESM26) are up +0.70%, and June E-mini Nasdaq futures (NQM26) are up +1.16%.
Stock indexes are moving higher today, with the Nasdaq 100 posting a new all-time high. The strength in technology stocks and weakness in crude oil prices are supporting the broader market today. Intel is up more than +13% to lead chipmakers higher after Apple said it has held exploratory discussions with Intel, as well as Samsung Electronics, to produce the main processors for its devices in the US. Also, WTI crude is down more than -4% today as the ceasefire in the Middle East appears to be holding, easing geopolitical risks.
