Stock Market Update
31-Dec-24 12:00 ET
Growth underperforms compared to value
Dow -81.22
at 42492.51,
Nasdaq -74.94
at 19411.84,
S&P -16.43
at 5890.51
[BRIEFING.COM] The three major indices trade at or near session lows. The Dow Jones Industrial Average is about 80 points lower and the Nasdaq Composite trades about 75 points lower.
Growth stocks are drawing more selling interest today compared to value stocks after outperforming this year. The Russell 3000 Growth Index trades 0.5% lower than yesterday's close, which brings its 2024 gain to 32.1%. The Russell 3000 Value Index sports a 0.1% gain today, which brings its move higher this year to 11.5%.
The 10-yr yield remains at 4.57%.
