Stock Market Update

23-Jul-24 11:35 ET
Market hits session highs despite mixed action
Dow +61.66 at 40477.10, Nasdaq +110.54 at 18118.11, S&P +19.51 at 5583.92

[BRIEFING.COM] The major indices are all trading higher again after taking a quick dip in recent action. 

The mixed responses to earnings results since yesterday's close have contributed to the mixed feeling at the index level through the session so far. Spotify (SPOT 331.50, +36.05, +12.2%), Lockheed Martin (LMT 487.34, +12.75, +2.7%), and Sherwin-Williams (SWH 335.39, +13.08, +4.0%) are among the winning standouts while UPS (UPS 126.11, -19.07, -13.1%), NXP Semiconductors (NXPI 257.64, -26.17, -9.2%), and Nucor (NUE 160.83, -2.50, -1.5%) show some of the steepest losses among names that reported results.

Market breadth favors advancers, reflecting an underlying positive bias. Advancers lead decliners by a 4-to-3 margin at both the NYSE and at the Nasdaq.

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