The S&P 500 Index ($SPX) (SPY) this morning is up +0.42%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.35%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.33%.
US stock indexes this morning are moderately higher on some positive corporate news and lower bond yields. United Airlines Holdings is up more than +10% after reporting a smaller-than-expected Q1 adjusted loss per share and forecasting stronger-than-expected Q2 adjusted EPS. Also, Alcoa is up more than +3% after Bloomberg reported that President Biden will propose higher tariffs on Chinese steel and aluminum during a visit to Pittsburgh. In addition, Eli Lilly is up more than +2% after it said its Zepbound weight-loss drug helped sleep apnea symptoms in studies.
