Stock Market Update
17-Dec-24 15:40 ET
Treasuries settle little changed in front of FOMC decision
Dow -327.07
at 43390.41,
Nasdaq -104.58
at 20138.54,
S&P -34.00
at 6040.08
[BRIEFING.COM] The S&P 500 trades about 40 points lower than yesterday ahead of the closing bell.
The 10-yr note yield settled two basis points lower at 4.38% and the 2-yr yield settled unchanged from yesterday at 4.24%.
Looking ahead, market participants receive the following data tomorrow:
- 07:00 ET: MBA Mortgage Applications Index (prior 5.4%)
- 08:30 ET: November Housing Starts (Briefing.com consensus 1347K; prior 1311K) and Building Permits (Briefing.com consensus 1430K; prior 1416K)
- 08:30 ET: Q3 Current Account Balance (Briefing.com consensus -$283.0B; prior -$266.8B)
- 10:30 ET: EIA Crude Oil Inventories (prior -1.43M)
