The S&P 500 Index ($SPX) (SPY) today is up by +0.04%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.12%. Stocks today are slightly higher, with the Dow Jones Industrials posting a new all-time high. Global stocks today have carryover support from a +4% surge in Chinese stocks after China announced additional stimulus measures. Today’s risk sentiment improved in stocks after the PBOC announced a broad package of stimulus measures. The PBOC cut the seven-day reverse repurchase rate by -20 bp to 1.50% from 1.70% and lowered the r…