Stock Market Update
09-Oct-24 12:35 ET
Oil prices recover somewhat
Dow +342.22
at 42422.59,
Nasdaq +75.98
at 18258.90,
S&P +30.55
at 5781.68
[BRIEFING.COM] The market sits just below intraday highs.
Oil prices have recovered as stocks and yields moved higher. WTI crude oil futures dipped below $72.00/bbl at their worst levels of the day, but trade at $72.98/bbl now. This price action is supportive of the S&P 500 energy sector, which trades 0.4% higher.
The top performing S&P 500 sectors are information technology (+0.8%), consumer discretionary (+0.8%), and financials (+0.9%).
