Stock indexes are up today, with the S&P 500, Dow Jones, and Nasdaq all showing gains. Semiconductor stocks are leading the market higher. The chance of a Fed rate cut in December has risen to 81%. US economic news has been positive, with weekly jobless claims falling and capital goods orders rising.

Chip makers like ASML Holding NV and Marvell Technology are driving stock market gains. Urban Outfitters and Oscar Health are also seeing significant increases. Robinhood Markets made headlines with a majority stake purchase in LedgerX. Oracle, Dell Technologies, and Boeing are among the top gainers in the market.

On the downside, Nutanix and Ambarella are facing losses after reporting weaker-than-expected earnings. Zscaler and Workday are also in the red due to revenue forecasts. Deere & Co and Salesforce are among the top losers. HP Inc is down after forecasting lower-than-expected adjusted EPS for 2026. Overseas markets are mixed, with the Euro Stoxx 50 up and China’s Shanghai Composite down.

Read more at Nasdaq: Stocks Climb on Hopes of Lower Interest Rates