The S&P 500 Index ($SPX) (SPY) is up by +0.59% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.81%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.53%. E-mini S&P futures (ESU26) are up +0.59%, and September E-mini Nasdaq futures (NQU26) are up +0.58%.
Stocks are moving higher today as dovish comments from Fed Governor Waller knocked bond yields lower. The 10-year T-note yield is down -5 bp to 4.74% after Mr. Waller said underlying inflation is better than core numbers suggest and he will support keeping interest rates steady if next week's inflation news shows "continued progress toward our 2% goal." Stocks also found support from today's weekly jobless claims report, which showed a stable labor market.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#index
Stocks are moving higher today as dovish comments from Fed Governor Waller knocked bond yields lower. The 10-year T-note yield is down -5 bp to 4.74% after Mr. Waller said underlying inflation is better than core numbers suggest and he will support keeping interest rates steady if next week's inflation news shows "continued progress toward our 2% goal." Stocks also found support from today's weekly jobless claims report, which showed a stable labor market.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#index
2 days ago