Stock Market Update
10-Dec-24 12:05 ET
Rate-sensitive sectors underperform
Dow -0.15
at 44401.78,
Nasdaq +30.13
at 19766.36,
S&P +0.56
at 6053.41
[BRIEFING.COM] The S&P 500 and Dow Jones Industrial Average are little changed from yesterday. The Nasdaq Composite has remained slightly higher than yesterday, but moved off its best level of the session.
Treasury yields are elevated. The 10-yr yield is up three basis points to 4.23% and the 2-yr yield is up three basis points to 4.16%.
Rate-sensitive areas of the market are underperforming, pressured by the price action in Treasuries. The real estate sector is down 1.3% and the utilities sector is down 0.8%.
