The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.79%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.68%. September E-mini S&P futures (ESU26) rose +0.63%, and September E-mini Nasdaq futures (NQU26) rose +1.55%.
Stock indexes settled higher on Tuesday, with the S&P 500 and Nasdaq 100 posting 1-week highs. Stocks extended Monday’s sharp rally on Tuesday, the last trading day of Q2. Demand for technology stocks, especially chipmakers, led the overall market higher as investors anticipate another strong earnings season beginning next month, driven by the investment boom in artificial intelligence.
