The S&P 500 Index ($SPX) (SPY) today is up by +1.38%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +1.52%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +1.14%. December E-mini S&P futures (ESZ25) are up +1.23%, and December E-mini Nasdaq futures (NQZ25) are up 0.96%.
US stock indexes were mixed early but are extending gains this afternoon, extending this week's volatile price action. Concerns remain about lofty valuations in tech stocks, and doubts over whether artificial intelligence spending will pay off. However, the markets appear to have found support after the S&P 500 broke below its 100-day moving average on Thursday.
