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Rich Asplund

SHOCKING: Stocks supported by the ai spending boom | Mind Blowing Facts

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The S&P 500 Index ($SPX) (SPY) today is up +0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.25%.  December E-mini S&P futures (ESZ25) are up +0.13%, and December E-mini Nasdaq futures (NQZ25) are up +0.22%.

Stock indexes are slightly higher today, with the S&P 500 and Nasdaq 10 posting new all-time highs.  Stocks are climbing today due to strength in chip makers and AI infrastructure stocks. Advanced Micro Devices is up more than +6% today, adding to Monday’s +23% surge to lead semiconductor stocks higher due to the spending boom in artificial intelligence.  

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