Stock Market Update
15-Jul-24 11:35 ET
GS, BLK trade up after earnings; Bank stocks outperform
Dow +257.45
at 40258.35,
Nasdaq +179.51
at 18577.96,
S&P +38.10
at 5653.45
[BRIEFING.COM] The market is little changed at the index level over the last half hour.
Bank stocks are outperforming today amid ongoing earnings news from the space. The SPDR S&P Bank ETF (KBE) shows a 3.1% gain and the SPDR S&P Regional Banking ETF (KRE) shows a 3.4% gain. Also, the S&P 500 financial sector moved toward the top of the leaderboard among the 11 sectors, trading 1.2% higher.
Goldman Sachs (GS 484.98, +5.10, +1.1%) and Blackrock (BLK 832.43, +4.45, +0.5%) are higher after reporting earnings this morning.
