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Barchart
Barchart
Rich Asplund

FORGOTTEN HISTORY: Stocks rebound on positive tech earnings | History Defined

The S&P 500 Index ($SPX) (SPY) today is up +1.20%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +1.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.26%.  March E-mini S&P futures (ESH26) are up +1.21%, and March E-mini Nasdaq futures (NQH26) are up +1.26%.

Stock indexes are sharply higher today, with the Dow Jones Industrials posting a new all-time high.  Some better-than-expected tech earnings results have boosted market sentiment and are lifting the broader market today.  Gen Digital is up more than +9% after forecasting full-year adjusted EPS above consensus.  Also, Roblox is up more than +4% after forecasting stronger-than-expected full-year bookings.  In addition, chipmakers and AI-infrastructure stocks are moving higher today as they recover some of this week's sharp losses.

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