Stock Market Update
21-Nov-24 15:35 ET
Treasuries settle lower
Dow +500.54
at 43909.01,
Nasdaq +37.56
at 19003.73,
S&P +39.55
at 5956.67
[BRIEFING.COM] The stock market remains near session highs with about 25 minutes left of trading.
The Treasury market closed with losses after a stronger-than-expected Existing Home Sales report for October (3.96 mln; Briefing.com consensus 3.90 mln), which followed another decrease in weekly jobless claims (to 213,000 form 219,000), and a disappointing Philadelphia Fed Survey (-5.5; Briefing.com consensus 7.0).
The 10-yr yield settled three basis points higher at 4.43% and the 2-yr yield settled four basis points higher at 4.35%.
