The S&P 500 Index ($SPX) (SPY) today is down -0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.40%. December E-mini S&P futures (ESZ25) are down -0.34%, and December E-mini Nasdaq futures (NQZ25) are down -0.40%.
Stock indexes gave up an early advance today and turned lower as most chipmakers retreated following Monday’s surge. The S&P 500 and Nasdaq 100 initially rallied to new all-time highs today, driven by strength in chipmakers and AI infrastructure stocks. Advanced Micro Devices is up more than +3% today, adding to Monday’s +23% surge due to the spending boom in artificial intelligence.
