Stock Market Update
23-Jul-24 10:05 ET
Stocks open to mixed action after slate of earnings
Dow -0.23
at 40415.21,
Nasdaq +20.12
at 18027.69,
S&P +7.80
at 5572.21
[BRIEFING.COM] The stock market opened on a mixed note. The S&P 500 and Nasdaq Composite show modest gains while the Dow Jones Industrial Average and Russell 2000 trade lower.
Ongoing buying activity in the mega cap space has supported moves in the S&P 500 and Nasdaq, and propelled the consumer discretionary (+0.8%) and information technology (+0.3%) sectors to the top of the leaderboard among the 11 sectors.
There's been a mixed response to earnings news since yesterday's close, contributing to the mixed action at the index level.
Existing home sales totaled 3.89 million in June (Briefing.com consensus 4.0 million) following a total of 4.11 million in May.
