Stock Market Update

18-Nov-24 11:35 ET
Mega caps, small caps benefit from broad buying
Dow +41.48 at 43486.47, Nasdaq +169.56 at 18849.70, S&P +33.63 at 5904.26

[BRIEFING.COM] The stock market continues to move higher, boosted by buy-the-dip interest after last week's declines.

More mega cap stocks moved up as index levels improved, inviting additional buying activity. Broadcom (AVGO 166.10, +1.23, +0.8%) and Meta Platforms (META 559.31, +5.01, +0.9%) are among the influential names in that respect.

Broad buying interest has small cap stocks coming along for the upside ride, leading the Russell 2000 to trade 0.6% higher. 

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