Stock Market Update

29-Jul-24 12:05 ET
Stocks recover from slight dip
Dow +16.83 at 40605.97, Nasdaq +85.95 at 17443.83, S&P +19.25 at 5478.35

[BRIEFING.COM] The market rebounding a little in recent trading. The three major indices are back in positive territory. 

Moves are relatively modest. The Invesco S&P 500 Equal Weight ETF (RSP) is up 0.2%. Nine of the 11 S&P 500 sectors trade higher, but only two sectors are up more than 0.4%. The consumer discretionary (+1.3%) and communication services (+1.0%) sectors lead the pack.

The heavily-weighted financial sector trades 0.03% lower, along with the energy sector (-1.2%).

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