Stock Market Update

13-Jun-24 10:30 ET
Stocks move lower in broad based selling
Dow -278.90 at 38433.31, Nasdaq +57.65 at 17666.09, S&P -3.47 at 5417.56

[BRIEFING.COM] The major indices drifted lower over the last half hour. The S&P 500 slid below its prior closing level. 

The equal-weighted S&P 500 is trading down 0.7% and the A-D line favors decliners by a nearly 3-to-1 margin at the NYSE and by a 2-to-1 margin at the Nasdaq.

Only two of the S&P 500 sectors remain in positive territory, reflecting broad participation in downside moves. The information technology sector is up 1.1% and the consumer discretionary sector shows a 0.1% gain.

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