Stock Market Update
20-Dec-24 12:05 ET
Small and mid caps rebound, along with chipmakers
Dow +767.56
at 43109.80,
Nasdaq +328.72
at 19739.98,
S&P +101.20
at 5967.98
[BRIEFING.COM] Small and mid cap stocks are coming along for the rally today after suffering outsized declines this week. The Russell 2000 is 1.8% higher today, but 3.6% lower this week. The S&P Mid Cap 400 is 1.6% higher today, and 3.7% lower this week.
Semiconductor shares also struggled under pronounced selling interest this week, but have bounced in today's action. The PHLX Semiconductor Index (SOX) shows a 2.6% gain today, leaving it down 2.5% this week.
The positive action in chipmakers has contributed to the upside action in the S&P 500 information technology sector (+2.0%). It is among the top sectors, along with financials (+2.0%) and health care (+2.1%).
