Stock Market Update
13-Aug-24 15:10 ET
Positive bias continues in front of CPI tomorrow
Dow +372.56
at 39729.57,
Nasdaq +368.56
at 17149.17,
S&P +80.81
at 5425.20
[BRIEFING.COM] The major indices have maintained their upside bias through the entire session. The S&P 500 sports a 1.6% gain and the Nasdaq Composite trades 2.3% higher.
Looking ahead, Cardinal Health (CAH), UBS AG (UBS), Dole plc (DOLE), and others report earnings in front of Wednesday's open. Market participants will also be focused on the Consumer Price Index for July, which is released at 8:30 ET.
Treasury yields are lower in front of the CPI report. The 10-yr note yield is down six basis points to 3.85% and the 2-yr note yield is down eight basis points to 3.94%.
