Stock Market Update
08-Nov-24 15:05 ET
Stocks trade near highs ahead of the close
Dow +344.41
at 44073.75,
Nasdaq +21.01
at 19290.46,
S&P +30.90
at 6004.01
[BRIEFING.COM] The major indices trade at or near session highs with gains ranging from 0.2% to 0.9%.
Mega cap stocks continue to trade lower as money rotates to other areas of the market. The equal-weighted S&P 500 trades 0.7% higher, bringing its gain this week to 4.5%. Meanwhile, Tesla (TSLA 323.16, +26.25, +8.8%) has built on its huge gain this week. Shares are up almost 9% today, bringing its gain this week to 30.0%.
Advancers lead decliners by a 3-to-2 margin at the NYSE and by an 11-to-10 margin at the Nasdaq.
