Stock Market Update
05-Jul-24 15:00 ET
Small caps and value stocks underperform
Dow +55.28
at 39363.28,
Nasdaq +155.35
at 18343.65,
S&P +27.13
at 5564.15
[BRIEFING.COM] The three major indices are near their best levels of the day.
Small and mid cap stocks continue to lag the broader market on growth concerns stoked by this morning's release of the June jobs report. The Russell 2000 is trading 0.7% lower and the S&P Mid Cap 400 is trading down 0.9%.
Value stocks are also lagging compared to the index performance and compared to growth stocks. The Russell 3000 Growth Index is 0.9% higher while the Russell 3000 Value Index is showing a 0.3% loss.
