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The S&P 500 Index ($SPX) (SPY) is up +0.53% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.95%. December E-mini S&P futures (ESZ26) are up +0.52%, and December E-mini Nasdaq futures (NQZ26) are up +1.01%.
US stock indexes are trading mostly higher today as chipmakers and AI-infrastructure stocks rebound from Monday’s sharp losses. Also, crude oil prices erased overnight gains and turned lower on reports of US-Iran diplomacy when the Al Araby news service reported the US approved a draft memorandum of understanding that the Qatari delegation presented to Iran. Stocks added to their gains today on signs of strength in the US economy after Sep JOLTS job openings and Sep factory orders rose more than expected.
