Stock Market Update

16-Dec-24 10:40 ET
Growth stocks and chipmakers lead
Dow +47.16 at 43875.22, Nasdaq +148.29 at 20075.01, S&P +23.56 at 6074.65

[BRIEFING.COM] The three major indices show gains ranging from 0.1% to 0.8%.

Growth stocks are trading higher, leading the iShares Core S&P U.S. Growth ETF (IUSG) to trade up 0.7% compared to Friday. Growth stocks have outperformed this year and the IUSG is sitting on a 38% gain in 2024. It is the best performing asset class, along with large-cap stocks. 

Chipmakers have also outperformed the broader equity market this year. The PHLX Semiconductor Index shows a 1.1% gain today, bringing its gain this year to 24.7%. 

Cookies are essential for making our site work. By using our site, you consent to the use of these cookies. Read our cookie policy to learn more.