Stock Market Update

12-Nov-24 15:40 ET

Treasuries settle with sharp losses

Dow -315.60 at 43977.53, Nasdaq -12.18 at 19286.58, S&P -11.35 at 5990.01

[BRIEFING.COM] There hasn't been much up or down movement over the last half hour.

The 10-yr yield settled 12 basis points higher at 4.43% and the 2-yr yield settled nine basis points higher at 4.34%.

Looking ahead, market participants receive the following economic data on Wednesday:

7:00 ET: Weekly MBA Mortgage Index (prior -10.8%)
8:30 ET: October CPI (Briefing.com consensus 0.2%; prior 0.2%) and Core CPI (Briefing.com consensus 0.3%; prior 0.3%)
10:30 ET: Weekly crude oil inventories (prior +2.15 mln)
14:00 ET: October Treasury Budget (prior $64.0 bln)