Stock Market Update

20-Jun-24 10:30 ET
Mega cap losses limit info tech sector
Dow +136.36 at 38971.22, Nasdaq -3.06 at 17859.17, S&P +8.99 at 5496.02

[BRIEFING.COM] The major indices moved slightly lower in recent trading. The Nasdaq Composite (-0.03%) trades fractionally lower than yesterday's close. The S&P 500 trades 0.2% higher.

The heavily-weighted S&P 500 information technology sector (-0.1%) trades at the bottom of the pack, due in part to losses in Apple (AAPL 211.77, -2.51, -1.2%), Microsoft (MSFT 442.72, -3.66, -0.8%), and Broadcom (AVGO 1763.64, -38.88, -2.2%).

The worst performing stock in the info tech sector is Jabil (JBL 116.06, -10.44, -8.1%) after reporting earnings. 

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