Stock Market Update

02-Oct-24 10:30 ET
Small and mid caps outperform larger caps
Dow -10.77 at 42146.20, Nasdaq -1.05 at 17909.29, S&P -4.05 at 5704.70

[BRIEFING.COM] The major indices trade flattish after opening slightly lower. 

Small and mid cap stocks are outperforming their larger peers, leading the S&P Mid Cap 400 to trade 0.4% higher and the Russell 2000 to trade 0.2% higher.

The small cap index has been boosted by its energy and regional bank components. Strength in these areas have also boosted the S&P 500 energy sector (+1.2%) and the SPDR S&P Regional Banking ETF (KRE), which trades 0.6% higher.

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