Stock Market Update
20-Jun-24 15:05 ET
Market breadth skews negative, but equal-weighted S&P 500 shows slim gain
Dow +327.56
at 39162.42,
Nasdaq -174.05
at 17688.18,
S&P -17.80
at 5469.23
[BRIEFING.COM] There hasn't been much up or down action at the index-level in recent trading. The Dow Jones Industrial Average maintains a nearly 400 point gain while the S&P 500 sports a 0.2% decline.
Notably, the equal-weighted S&P 500 shows a 0.2% gain, but market breadth is negative at both the NYSE and at the Nasdaq. Decliners lead advancers by an 11-to-10 margin at the NYSE and by a 4-o-3 margin at the Nasdaq.
Mega cap stocks have an outsized impact on index losses. The Vanguard Mega Cap Growth ETF (MGK) is down 0.8%.
