Stock Market Update
15-Nov-24 15:00 ET
Mega caps continue to limit performance
Dow -322.23
at 43428.63,
Nasdaq -454.56
at 18653.11,
S&P -84.65
at 5864.53
[BRIEFING.COM] The major indices trade off session lows. The S&P 500 is down about 85 points, or 1.4%.
The equal-weighted S&P 500 is down 0.8%, holding steady through most of the session. Outsized losses in mega caps continue to weigh down the broader market.
Eli Lilly (LLY 751.10, -33.83, -4.3%) is a standout in that respect after The Wall Street Journal reported that the company is suing the Department of Health and Human Services related to rejected drug discount overhaul plans.
