Stock Market Update
13-Dec-24 10:35 ET
AVGO, RH hit highs after earnings
Dow +1.31
at 43915.43,
Nasdaq +63.28
at 19966.12,
S&P +5.61
at 6056.86
[BRIEFING.COM] The Dow Jones Industrial Average is slightly lower or slightly higher than yesterday while the S&P 500 and Nasdaq Composite maintain gains.
Broadcom (AVGO 219.79, +39.12, +21.7%) and RH (RH 438.49, +57.11, +15.0%) surged to fresh 52-week highs today following their earnings reports. Ciena (CIEN 89.22, +4.73, +5.6%) is another story stock after being upgraded to Buy from Neutral at BofA Securities. Shares hit a 20+ year high yesterday in response to robust guidance.
Separately, the 10-yr yield sits at 4.37% now.
