Stock Market Update

14-Mar-24 12:35 ET
Market breadth shows strong negative skew
Dow -66.73 at 38976.59, Nasdaq -34.23 at 16143.54, S&P -11.23 at 5154.08

[BRIEFING.COM] The three major indices took a quick dip recently. 

Market breadth reflects a strong negative bias under the index surface. Decliners lead advancers by a nearly 4-to-1 margin at the NYSE and by a 3-to-1 at the Nasdaq. 

Nine of the 11 S&P 500 sectors are lower and 23 of the 30 Dow components are trading down. The equal-weighted S&P 500 is down 0.9% versus a 0.2% decline in the market-cap weighted S&P 500.

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