Stock Market Update
18-Jul-24 12:05 ET
Some signs of buying action under index surface
Dow -240.56
at 40957.52,
Nasdaq -188.72
at 17808.20,
S&P -38.29
at 5549.98
[BRIEFING.COM] Stocks continue to drift lower. The market-cap weighted S&P 500 shows a 0.8% decline and equal-weighted S&P 500 shows a 0.1% decline.
There's some signs of buying activity under the index surface. The S&P 500 energy sector is trading 1.4% higher amid rising commodity prices. WTI crude oil futures are up 0.1% to $81.53/bbl and natural gas futures are up 4.3% to $2.16/mmbtu.
The real estate (+0.5%), utilities (+0.4%), and consumer staples (+0.1%) sectors are also trading higher.
