Stock Market Update
21-Oct-24 12:15 ET
Value stocks lag compared to growth
Dow -32.96
at 43242.95,
Nasdaq -35.25
at 18454.30,
S&P -26.59
at 5838.08
[BRIEFING.COM] The major indices trade near their lows of the day.
Value stocks are underperforming compared to growth stocks. The Russell 3000 Value Index trades down 0.9% and the Russell 3000 Growth Index shows a 0.1% decline.
Rising market rates continue to pressure equities. The 10-yr yield sits at 4.17% and the 2-yr yield sits at 4.02%.
