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Barchart
Barchart
Rich Asplund

HISTORICAL FACTS: Stocks supported by earnings news - Caught on Camera

The S&P 500 Index ($SPX) (SPY) today is up +0.24%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.33%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.17%.  March E-mini S&P futures (ESH25) are up by +0.20%, and March E-mini Nasdaq futures (NQH25) are up by +0.14%. 

Stock indexes today are mildly higher on some strong technology earnings reports.  International Business Machines is up more than +13% after forecasting full-year free cash flow above consensus.  Also, Lam Research is up more than +7% after reporting stronger-than-expected Q2 revenue and forecasting Q3 revenue above consensus.  In addition, Meta Platforms is up more than +3% after reporting Q4 revenue above consensus. 

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