Stock Market Update
15-Jul-24 12:05 ET
Treasury yields decline from earlier highs
Dow +300.18
at 40301.08,
Nasdaq +149.15
at 18547.60,
S&P +36.63
at 5651.98
[BRIEFING.COM] The three major indices moved slightly lower, but still maintain solid gains.
The upside bias in equities has been supported by the price action in the bond market. The 10-yr note yield moved from 4.23% to 4.21% in recent action. The 2-yr note yield was at 4.46% earlier, but sits at 4.44% now.
Elsewhere, commodity futures are trading lower. WTI crude oil futures are trading down 0.4% to $81.2/bbl, natural gas futures are down 3.4%, and copper futures are down 1.3% to $4.54/mmbtu.
