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Barchart
Barchart
Rich Asplund

INSANE: Chip stock strength lifts the broader market - The Real Truth

The S&P 500 Index ($SPX) (SPY) today is up +0.18%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.58%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.60%.  June E-mini S&P futures (ESM26) are up +0.12%, and June E-mini Nasdaq futures (NQM26) are up +0.55%.

Stock indexes are mixed today.  Gains in processor and memory chipmakers, the key drivers of the recent rally in the artificial intelligence trade, are leading today's stock gainers. Nvidia is up more than +1% after co-founder Jensen Huang joined President Trump on his visit to China, bolstering optimism that this week’s summit between Mr. Trump and China’s Xi Jinping could lead to a series of trade deals, especially around semiconductors. 

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