Stock Market Update

11-Dec-24 12:40 ET
Mega caps and chipmakers lead market
Dow +25.07 at 44272.90, Nasdaq +347.56 at 20034.34, S&P +54.23 at 6089.14

[BRIEFING.COM] The major indices moved mostly sideways over the last half hour. 

Mega caps and chipmakers continue to lead the market higher. The PHLX Semiconductor Index (SOX) shows a 2.2% increase and the Vanguard Mega Cap Growth ETF (MGK) is 1.8% higher than yesterday.

Meanwhile, the equal-weighted S&P 500 trades fractionally higher than its prior close. 

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