Stock Market Update
18-Nov-24 10:05 ET
Stocks open to mixed action
Dow -37.56
at 43407.43,
Nasdaq +54.75
at 18734.89,
S&P +9.06
at 5879.69
[BRIEFING.COM] The stock market opened to mixed action at the index level. There hasn't been a lot of follow-through selling after last week's decline and there hasn't been a lot of buying interest either.
Mixed moves in the mega cap space have limited index performance. The Vanguard Mega Cap Growth ETF (MGK) trades flat.
The S&P 500 information technology sector shows a 0.3% decline and the consumer discretionary sector sports a 1.5% gain.
Rising Treasury yields have also contributed to the lackluster price action in equities. The 10-yr yield is up three basis points to 4.46%.
