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Barchart
Rich Asplund

HISTORICAL FACTS: Stocks climb as tech shares rally | History Defined

ARE ANd SP United States Dow Jones Nasdaq John Williams Oracle University of Michigan New York Fed

The S&P 500 Index ($SPX) (SPY) today is up by +0.67%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.94%.  March E-mini S&P futures (ESH26) are up +0.62%, and March E-mini Nasdaq futures (NQH26) are up +0.90%.

Stock indexes are moving higher today as a rally in cloud infrastructure stocks improves market sentiment and lifts the broader market. Oracle is up by more than 7% after TikTok CEO Chew said his company has signed binding agreements to create a US joint venture owned by American investors, including Oracle.  Also, strength in chipmakers today supports the broader market.

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