Stock Market Update
08-Oct-24 12:05 ET
Stocks near session highs as yields decline
Dow +69.28
at 42023.52,
Nasdaq +206.18
at 18130.08,
S&P +42.47
at 5738.41
[BRIEFING.COM] The major indices are near session highs. The Russell 2000 was trading slightly lower through most of the session, but sports a 0.1% gain now.
Upside moves in equities coincided with yields moving lower. The 10-yr yield is down one basis point at 4.02% and the 2-yr yield is down four basis points to 3.96%.
Oil prices also moved lower in recent action. WTI crude oil futures are down 4.4% to $73.73/bbl.
