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Rich Asplund

THE TRUTH ABOUT: Stocks move higher on strength in chip stocks and positive corporate news - Caught on Camera

On Dow Jones United States DC Dell Technologies JPMorgan Chase Moderna Palantir Technologies

The S&P 500 Index ($SPX) (SPY) today is up +0.85%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.64%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.11%.

Stocks today are moderately higher, recovering some of last Friday’s sharp sell-off as chip stocks move higher. Also, some positive corporate news is giving stocks a lift today. Palantir Technologies is up more than +8% and Dell Technologies is up more than +5% following news that both companies will join the S&P 500 as part of the latest quarterly change to the index before the open of trading on Sep 23. Also, Boeing is up more than +4% on optimism that a labor deal with its largest union will avoid a strike at its Seattle-area factories.

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