Dow Jones Futures Index Inches Toward All Time Highs Despite Hot PPI
Dow Jones futures managed a respectable rise as traders processed yesterday's CPI-driven surge and a steep increase in Intel shares, but US.
Quick overview
- US stock markets closed mostly unchanged, with the Dow Jones futures gaining 104 points amid a CPI-driven rally.
- The S&P 500 achieved a record close, while the Nasdaq slightly declined, indicating mixed performance among major indices.
- Intel shares surged 7.3% following speculation about potential government investment, highlighting significant market interest.
- Despite minimal movement in indices, the Dow's technical setup suggests potential for further gains if bullish momentum continues.
Live DOW Chart
Dow Jones futures managed a respectable rise as traders processed yesterday’s CPI-driven surge and a steep increase in Intel shares, but US stock markets ended the day with little change.
Muted Index Moves
The S&P 500’s modest 0.02% gain was enough to secure another record close, building on yesterday’s record-setting finish. Meanwhile, the Nasdaq dipped 0.01%, just shy of a fresh peak. The Dow, which surged nearly 450 points yesterday after the release of the latest CPI report, hovered near the 45,000 level — its highest point in weeks — but posted only minor changes today.
Technical Picture for the Dow
The Dow’s breakout above its 20-day SMA yesterday ended a period of stagnation and opened the door to potential new highs above 45,200 if bullish momentum continues. The two-week rebound from the 50-day SMA remains intact, with Dow futures also posting gains today, signaling underlying strength despite the day’s flat close.
US Stock Indices End Mixed as Tech Leaders Diverge
- Dow Jones Industrial Average Futures ended at 45,129.00, up 104.00 points (+0.23%).
- Dow Jones Industrial Average slipped 11.01 points (-0.02%) to close at 44,911.26.
- S&P 500 Index added 1.96 points (+0.03%) to finish at 6,468.54.
- NASDAQ Composite edged down 2.47 points (-0.01%) to 21,710.67.
- Russell 2000 Small-Cap Index fell 28.97 points (-1.24%) to 2,299.08, marking a sharper pullback after recent strength.
Sector & Stock Highlights:
- Semiconductors: Nvidia closed up 0.24%, while AMD slid 1.88% and Broadcom gained 0.69%, showing a split in chip sector sentiment.
- Streaming & E-commerce: Netflix rose $26.12 (+2.17%), recouping its prior-day losses, while Amazon surged 2.86% on renewed buying interest.
Intel in the Spotlight
Intel stood out as the day’s clear winner, rallying 7.3% to $23.86 after Bloomberg reported that the Trump administration was considering taking a stake in the company. The speculation follows a Monday meeting between Intel’s CEO and President Trump, reportedly aimed at resolving tensions over the CEO’s ties to Chinese companies after Trump had called for his resignation.
Conclusion: With major indices showing minimal movement, the market appeared content to consolidate following yesterday’s surge. However, Intel’s sharp advance and the Dow’s constructive technical setup suggest that the next session could bring renewed upward pressure — especially if momentum carries through toward new all-time highs.
Dow Jones Live Chart
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