Stock Market Update
08-Oct-24 15:30 ET
Stocks hit fresh highs ahead of the close
Dow +123.28
at 42077.52,
Nasdaq +242.56
at 18166.46,
S&P +52.32
at 5748.26
[BRIEFING.COM] The market moved to fresh highs ahead of the close.
The 10-yr yield settled one basis higher at 4.03% and the 2-yr yield settled two basis points lower at 3.98%.
Looking ahead, market participants receive the following economic data on Wednesday:
- 7:00 ET: Weekly MBA Mortgage Index (prior -1.3%)
- 10:00 ET: August Wholesale Inventories (Briefing.com consensus 0.2%; prior 0.2%)
- 10:30 ET: Weekly crude oil inventories (prior +3.89 mln)
- 14:00 ET: September FOMC Minutes
