Stock Market Update

08-Jul-24 15:05 ET
Consumer credit rises in May
Dow -37.61 at 39338.26, Nasdaq +32.04 at 18384.80, S&P +1.30 at 5568.49

[BRIEFING.COM] The major indices remain near session lows. The S&P 500 is fractionally higher and the Dow Jones Industrial Average shows a 0.1% decline.

Consumer credit increased to $11.3 billion in May (Briefing.com consensus $9.5 billion) from $6.4 billion in April.

Treasury yields are little changed after the data. The 10-yr note yield is at 4.27% and the 2-yr note yield is at 4.62%.

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