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Stock Indexes Push Higher as Megacap Tech Stocks Rally
The S&P 500 Index ($SPX ) (SPY ) is up +0.73% today; the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.08%. September E-mini S&P futures (ESU26 ) are up +0.76%, and September E-mini Nasdaq futures...
Dollar Moves Lower as Equity Markets Strengthen
The dollar index (DXY00 ) today is down by -0.13%. Today's stock rally has curbed liquidity demand for the dollar. However, losses in the dollar are limited as today's +1% gain in WTI crude oil prices has strengthened inflation expectations and could prompt the Fed to keep monetary policy tight,...
Monday's ETF Movers: BUG, EMEQ
In trading on Monday, the Global X Cybersecurity ETF is outperforming other ETFs, up about 3.9% on the day. Components of that ETF showing particular strength include shares of Gorilla Technology Group, up about 8.4% and shares of Palo Alto Networks, up about 7.8% on the day.