Stock Market Update

16-Dec-24 15:40 ET
Stocks move mostly sideways ahead of the close
Dow -31.84 at 43796.22, Nasdaq +259.56 at 20186.28, S&P +29.69 at 6080.78

[BRIEFING.COM] The major indices moved mostly sideways in recent trading. 

The 10-yr yield settled the cash session unchanged at 4.40% and the 2-yr yield was unchanged at 4.24%. 

Looking ahead to Tuesday, market participants receive the following economic data: 

  • 08:30 ET: November Retail Sales (Briefing.com consensus 0.5%; prior 0.4%) and Retail Sales, Ex-Auto (Briefing.com consensus 0.4%; prior 0.1%)
  • 08:30 ET: November Industrial Production (Briefing.com consensus 0.3%; prior -0.3%) and Capacity Utilization (Briefing.com consensus 77.3%; prior 77.1%)
  • 10:00 ET: October Business Inventories (Briefing.com consensus 0.2%; prior 0.1%)
  • 10:00 ET: December NAHB Housing Market Index (Briefing.com consensus 47; prior 46)
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