Closing Snapshot
- S&P 500 (SPX): 7,757.85, +45.28, +0.59%
- Nasdaq 100 (NDX): 29,822.52, +332.23, +1.13%
- Dow Jones (DJIA): 52,856.09, +360.21, +0.69%
- Russell 2000 (RUT): 2,781.02, +4.49, +0.16%
- VIX: 16.68, -0.63, the fear gauge easing for a second day
- 10-Year Treasury Yield: 5.13%, up 1 basis point (a hundredth of a percentage point)
- WTI Crude: $97.15, -0.7%, now quoting the December contract
- Brent Crude: $108.82, little changed
- Gold: ~$4,150, +0.2%
- US Dollar Index (DXY): ~101.71, flat
Technology carried the market on Wednesday. Super Micro Computer rose 9.6% after raising its quarterly sales forecast well above estimates on demand for AI servers, reviving confidence in the AI build-out. The tech-heavy Nasdaq 100 gained 1.1%, the S&P 500 added 0.6% and the Dow rose 0.7%, while small companies in the Russell 2000 barely moved. The gains were narrow: Netflix fell 5.3% on a soft forecast and AT&T lost 6.5%, while defensive groups such as real estate and staples slipped. US crude held near $97 as Middle East risks offset hopes for US-Iran talks.