Stock Market Update

15-Nov-24 10:30 ET
Mega caps and semiconductor shares sink
Dow -293.56 at 43457.30, Nasdaq -349.50 at 18758.17, S&P -65.65 at 5883.53

[BRIEFING.COM] The Dow Jones Industrial Average is down nearly 300 points and the S&P 500 is down about 70 points. 

Mega caps and chipmakers continue to weigh down major indices. The PHLX Semiconductor Index (SOX) sports a 2.3% loss and the Vanguard Mega Cap Growth ETF (MGK) shows a 1.8% decline.

Earlier, business inventories rose 0.1% in September (Briefing.com consensus 0.2%) following a 0.3% increase in August. 

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