Stock Market Update
31-Jul-24 12:00 ET
Broad buying activity fuels advance
Dow +255.65
at 40998.78,
Nasdaq +434.75
at 17582.17,
S&P +90.78
at 5527.22
[BRIEFING.COM] The market-cap weighted S&P 500 shows a 1.6% gain and the equal-weighted S&P 500 shows a 0.8% gain.
Broad buying activity has advancers leading decliners by a 5-to-2 margin at the NYSE and by a 2-to-1 margin at the Nasdaq.
The drop in market rates has contributed to buying interest in the stock market. The 10-yr note yield is down five basis points to 4.10%.
