Stock Market Update

26-Dec-24 13:30 ET
Dow Jones edges higher Thursday, boosted by Honeywell's gains
Dow +55.92 at 43352.95, Nasdaq +11.99 at 20081.61, S&P +2.38 at 6042.12

[BRIEFING.COM] The Dow Jones Industrial Average (+0.13%) is narrowly in front on Thursday afternoon, up now about 56 points.

A look inside the DJIA shows that Salesforce (CRM 342.85, -1.58, -0.46%), Amazon (AMZN 228.00, -1.05, -0.46%), and Coca-Cola (KO 62.60, -0.24, -0.38%) hold modest losses.

Meanwhile, Honeywell (HON 231.34, +2.44, +1.07%) is outperforming.

The DJIA is up on the week about +1.20%.

Elsewhere, treasury yields took a dip following the $44 billion 7-yr note auction that was met with strong demand by indirect bidders. Dollar demand for the offering, though, was quite good, evidenced by a 2.76 bid-to-cover ratio that easily exceeded the prior 12-auction average of 2.56. 10-yr note yield is unchanged and sitting at its lows for the day (hit 4.64% earlier).

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