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Barchart
Barchart
Rich Asplund

YOU WONT BELIEVE: Stocks recover on strength in megacap tech and consumer sentiment - What They Never Told You

The S&P 500 Index ($SPX) (SPY) today is up +0.25%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.38%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.62%.  March E-mini S&P futures (ESH26) are up +0.21%, and March E-mini Nasdaq futures (NQH26) are up +0.64%.

The broader market recovered from early losses today and turned higher after the Magnificent Seven technology stocks rallied.  Stocks initially moved lower today after Intel plunged 15% following a lackluster forecast from CEO Lip-Bu Tan, who warned the company was struggling with manufacturing problems.

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