Stock Market Update
02-Oct-24 11:35 ET
Mega cap names either extend gains or turn positive as indices improve
Dow +63.94
at 42220.91,
Nasdaq +49.23
at 17959.57,
S&P +8.63
at 5717.38
[BRIEFING.COM] The market is showing nice resilience today amid ongoing uncertainty about the conflict in the Middle East after Israel said it would retaliate against Iran. The S&P 500 sports a 0.2% gain and the equal-weighted S&P 500 shows a 0.1%.
The index level improvement coincided with some mega cap names turning higher. Apple (AAPL 226.34, +0.14, +0.1%) and Amazon.com (AMZN 186.00, +0.88, +0.5%) moved into positive territory while Eli Lilly (LLY 891.32, +6.84, +0.8%), NVIDIA (NVDA 118.93, +1.92, +1.6%), and Broadcom (AVGO 172.23, +4.79, +2.9%) extended their gains.
The S&P 500 information technology sector has moved into first place on the leaderboard, trading 0.8% higher.
