The S&P 500 Index ($SPX) (SPY) this morning is up +0.32%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.13%.
US stock indexes this morning are moderately higher, with the S&P 500 climbing to a 4-week high and the Dow Jones Industrials posting a 5-week high. Stock index futures are moving higher after today’s US weekly initial unemployment claims rose more than expected to an 8-1/2 month high, bolstering hopes that the Fed will soon cut interest rates.
