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Barchart
Barchart
Rich Asplund

BIZARRE: Stocks see mild support from ai stocks - What They Never Told You

The S&P 500 Index ($SPX) (SPY) today is up by +0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.24%.

Stocks today are mixed, with the S&P 500 posting a new record high. Strength in AI infrastructure stocks is lifting the technology sector and the overall market.  Also, some positive corporate news is boosting stocks, with Progressive Software up more than +11% after reporting Q3 adjusted EPS above consensus and raising its full-year adjusted EPS forecast.  Also, Flutter Entertainment Plc is up more than +7% after projecting annual revenue increases of +14% annually to reach $21 billion in 2027 and authorizing a $5 billion stock repurchase program.

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