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Barchart
Barchart
Rich Asplund

FORGOTTEN HISTORY: Stocks mixed on sector rotation out of tech - The Untold Story

The S&P 500 Index ($SPX) (SPY) today is up +0.08%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.54%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.56%.  March E-mini S&P futures (ESH26) are up +0.08%, and March E-mini Nasdaq futures (NQH26) are down -0.60%.

Stock indexes are wavering today on some mixed corporate earnings results and rotation out of technology stocks.  Super Micro Computer is up more than +15% after forecasting Q3 net sales well above expectations.  However, Advanced Micro Devices is down more than -13% after analysts said the company's Q1 sales forecast was seen as weak.   Data service and software stocks are also falling for a second day today following the release of an automation tool for lawyers by artificial intelligence firm Anthropic.

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