Stock Market Update

28-Oct-24 11:35 ET
Stocks maintain gains as yields rise
Dow +265.65 at 42380.05, Nasdaq +83.69 at 18602.29, S&P +20.53 at 5828.65

[BRIEFING.COM] The S&P 500 (+0.4%) and Nasdaq Composite (+0.6%) moved off session highs as Treasury yields climbed. 

The 10-yr yield moved from 4.23% to 4.28% and the 2-yr yield moved from 4.10% to 4.14%. 

Still, many stocks have maintained gains. Ten of the 11 S&P 500 sectors are higher and 23 of the 30 Dow components are higher. The Dow Jones Industrial Average sports a 0.6% gain while the S&P 500 and Nasdaq Composite each trade 0.4% higher.

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