S&P 500 E-Mini Sep '23 (ESU23)
S&P 500 E-Mini Futures Market News and Commentary
The S&P 500 Index ($SPX) (SPY) today is up +0.15%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.35%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.64%. September E-mini S&P futures (ESU26) are up +0.16%, and September E-mini Nasdaq futures (NQU26) are down -0.60%.Â
Stock indexes are mixed today, with the S&P 500 posting a 1-month high. The broader market garnered support from today’s US economic news, which showed that June producer prices rose less than expected and the July Empire manufacturing survey rose more than expected.
Strength in technology stocks is also positive for the broader market, following strong earnings results from ASML, which offered fresh evidence of the relentless demand for chips needed for the global artificial intelligence buildout. ASML is the only maker of sophisticated lithography machines needed to manufacture advanced semiconductors.Â
However, the Nasdaq 100 fell into negative territory amid weakness in chipmakers. ... Read more
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