The S&P 500 Index ($SPX) (SPY) today is up +0.17%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +1.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.57%.
Stock indexes today are mixed, with the Dow Jones Industrials climbing to a 1-month high and the Nasdaq 100 falling to a 1-week low. An increase in M&A activity today provided support for stocks after Sonoco Products agreed to buy Eviosys from KPS Capital Partners for about $3.9 billion. Also, RXO Inc. agreed to buy United Parcel Service’s asset-light freight brokerage business Coyote Logistics for more than $1 billion.
