Stock indexes are trading higher today, with the S&P 500 up +0.25%, Dow Jones up +0.06%, and Nasdaq 100 up +0.12%. Despite risks of a US government shutdown, stocks are supported by stronger labor market signs. Corporate earnings expectations are bullish, with S&P 500 companies expected to post +6.9% earnings growth in Q3.

On the downside, the Sep Chicago PMI and US consumer confidence index fell, while Fed comments hint at stagflation risks. President Trump ordered tariffs on imports, and a government shutdown looms if no spending deal is reached. Overseas markets are mixed, with European bond yields up and German data mixed.

Energy stocks are sliding, chipmakers are rising, and key companies like Albemarle, Spotify, and TripAdvisor are down. On the upside, CoreWeave, Semtech, Lamb Weston, and Monolithic Power Systems are up. Earnings reports today include Lamb Weston, Nike, Paychex, and United Natural Foods. Market focus is on upcoming economic data and trade news.

Read more at Nasdaq: Stocks Post Gains on Mixed US Economic News