Stock Market Update

02-Dec-24 12:30 ET
Heavily-weighted names trade up with no specific news
Dow -163.50 at 44747.15, Nasdaq +189.70 at 19406.59, S&P +12.66 at 6045.04

[BRIEFING.COM] The S&P 500 (+0.2%) and Nasdaq Composite (+1.0%) trade at or near session highs.

Some mega cap names show outsized gains with no specific catalysts. Meta Platforms (META 593.43, +19.11, +3.3%), Broadcom (AVGO 168.06, +5.98, +3.7%), Tesla (TSLA 356.35, +11.15, +3.2%), Apple (AAPL 240.03, +2.72, +1.2%), Microsoft (MSFT 431.72, +7.46, +1.8%), and Amazon.com (AMZN 210.47, +2.52, +1.2%) are standouts in that regard. 

The Vanguard Mega Cap Growth ETF (MGK) trades 1.1% higher, reaching a 52-week high today. 

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