Stock Market Update
02-Oct-24 15:40 ET
Stocks move sideways in front of the close
Dow +55.91
at 42212.88,
Nasdaq +41.84
at 17952.18,
S&P +3.27
at 5712.02
[BRIEFING.COM] The three major indices trade near their best levels ahead of the close.
The 10-yr note yield rose four basis points today to 3.79% and the 2-yr yield settled two basis points higher at 3.64%.
Looking ahead to Thursday, market participants receive the following data:
- 8:30 ET: Weekly Initial Claims (Briefing.com consensus 223,000; prior 218,000) and Continuing Claims (prior 1.834 mln)
- 9:45 ET: Final September S&P Global U.S. Services PMI (prior 55.7)
- 10:00 ET: August Factory Orders (Briefing.com consensus 0.1%; prior 5.0%) and September ISM Non-Manufacturing Index (Briefing.com consensus 51.6%; prior 51.5%)
- 10:30 ET: Weekly natural gas inventories (prior +47 bcf)
