The S&P 500 Index ($SPX) (SPY) today is up by +0.03%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.40%. September E-mini S&P futures (ESU25) are up +0.02%, and September E-mini Nasdaq futures (NQU25) are up +0.35%.
Stock indexes are trading mostly higher today, with the S&P 500 posting a new all-time high and the Nasdaq 100 posting a 1-week high. Signs that the US economy is holding up are a supportive factor for stocks today after Q2 GDP was revised higher than expected, showing the economy expanded more than initially estimated. Also, US weekly initial unemployment claims fell as expected, easing concerns about the labor market.
