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Barchart
Barchart
Rich Asplund

UNBELIEVABLE: Stocks supported by fed rate cut optimism - The Untold Story

The S&P 500 Index ($SPX) (SPY) today is up by +0.60%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.62%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.70%.  December E-mini S&P futures (ESZ25) are up +0.59%, and December E-mini Nasdaq futures (NQZ25) are up +0.69%.

Stock indexes are moving higher today, with the S&P 500 and Dow Jones Industrials posting 1.5-week highs.  Strength in semiconductor stocks today is lifting the overall market.

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