The S&P 500, Dow Jones, and Nasdaq are all up today, with tech earnings boosting market sentiment. Gen Digital and Roblox are up after forecasting strong earnings. Chipmakers and AI-infrastructure stocks are rebounding. Amazon is down after announcing a $200 billion spending plan. Consumer sentiment unexpectedly rose to a 6-month high. Bitcoin recovered from a low, lifting cryptocurrency-exposed stocks. Q4 earnings season is positive, with 79% of S&P 500 companies beating expectations. Interest rates are up, while European bond yields are mixed. German industrial production fell, but exports rose. Stock movers include ARM, AMD, and Nvidia on the rise, while Molina Healthcare and Doximity are down. Stellantis NV is down after a business reset announcement. Illumina, Amazon, Centene, and Hims & Hers Health are also down. Earnings reports are in for AutoNation, Biogen, Carlyle Group, and more.
Read more at Barchart: Stocks Supported by Tech Strength and Improvement in Consumer Sentiment
