Stock indexes are up today, with the S&P 500, Dow Jones, and Nasdaq 100 all posting gains. Semiconductor stocks are strong, boosting market optimism. Inflation news is benign, with personal spending and income meeting expectations. Corporate earnings exceed forecasts, with 83% of S&P 500 companies beating estimates this quarter.

The University of Michigan reports easing inflation expectations. President Trump plans to announce the new Fed Chair in early 2026. Corporate earnings season is wrapping up with strong results. Overseas markets show mixed performance. Interest rates rise, affecting T-notes and European bonds.

Chip makers see gains, while cryptocurrency-exposed stocks face pressure. Rubrick and Ulta Beauty lead S&P 500 gainers. Cooper Cos and Albemarle also see strong performance. ServiceTitan reports a smaller-than-expected loss. Salesforce leads Dow Jones Industrials gainers. Warner Bros Discovery acquired by Netflix for $72 billion.

Read more at Nasdaq: Stocks Rally on Benign Inflation News