Stock Market Update
22-Nov-24 11:35 ET
Discretionary stocks lead
Dow +212.71
at 44083.06,
Nasdaq -41.02
at 18931.43,
S&P +4.56
at 5953.28
[BRIEFING.COM] Follow-through buying interest after yesterday's rally has buoyed many stocks. Advancers lead decliners by a 3-to-1 margin at the NYSE and by a 2-to-1 margin at the Nasdaq.
23 of the 30 Dow components are higher and eight of the 11 S&P 500 sectors trade up. The consumer discretionary sector (+1.2%) leads the outperformers, boosted by gains in Tesla (TSLA 353.87, +13.05, +3.8%) and many other components.
Retailers are outperforming amid earnings news from the space. The SPDR S&P Retailer ETF (XRT) shows a 2.5% gain.
