Stock Market Update

15-Aug-24 15:35 ET
Stocks stick near highs ahead of close; Friday's economic lineup
Dow +560.23 at 40568.62, Nasdaq +401.56 at 17594.16, S&P +89.33 at 5544.54

[BRIEFING.COM] The market remains near session highs ahead of the close.

The Department of Energy purchased additional barrels for the strategic petroleum reserve, bringing the total purchased to nearly 45 million barrels. On a related note, WTI crude oil futures settled 1.5% higher at $78.22.bbl. 

Friday's economic calendar features July Housing Starts and Building Permits at 8:30 ET, followed by the preliminary August University of Michigan Consumer Sentiment survey at 10:00 ET. 

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