US stock indexes are up today, with the S&P 500, Dow Jones, and Nasdaq all posting gains. Positive earnings from Amazon and Western Digital are driving the tech sector higher. Nvidia is also up after announcing new partnerships in South Korea for AI expansion.

The US economy saw support from a rise in the Oct MNI Chicago PMI. However, stocks dipped on geopolitical risks as reports revealed US targets in Venezuela for potential strikes. Hawkish Fed comments are also impacting the market with expectations of a rate cut in December.

President Trump and President Xi Jinping agreed to extend a tariff truce, reducing trade barriers. Earnings season is strong, with 80% of S&P 500 companies beating forecasts. The ongoing US government shutdown is affecting economic data release, potentially pushing the unemployment rate up.

Interest rates for 10-year T-notes are up slightly, influenced by safe-haven demand amid geopolitical tensions. European bond yields are lower today. In Europe, CPI remained steady while German retail sales exceeded expectations. Swaps show a low chance of a rate cut by the ECB in December.

Stock movers include Amazon, Brighthouse Financial, Twilio, Reddit, Cloudflare, and Coinbase Global, all posting gains. Dexcom, Arthur J Gallagher & Co, Charter Communications, and Motorola Solutions are among the losers today. FMC Corp and Comcast Corp also saw declines after downgrades.

Read more at Nasdaq: Stocks Supported by Solid Tech Earnings