Stock Market Update
13-Nov-24 12:35 ET
AAPL, MSFT turn higher, boosting major indices
Dow +186.25
at 44097.23,
Nasdaq +24.93
at 19306.33,
S&P +17.26
at 6001.26
[BRIEFING.COM] The market moved up at the index level, leading the S&P 500 to trade about 16 points higher and the Nasdaq Composite to trade about 25 points higher.
Some names in the mega cap space have staged a turnaround, boosting index performance. Apple (AAPL 225.10, +0.87, +0.4%) had been down as much as 0.7% and Microsoft (MSFT 427.58, +4.52, +1.1%) had been down as much as 1.1%.
Index level improvement happened alongside rising market rates. The 10-yr yield, which was as low as 4.36% after this morning's CPI data, is unchanged from yesterday at 4.43%.
