Stock Market Update
16-Aug-24 12:35 ET
Stock hit session highs in modest move up
Dow +70.53
at 40633.59,
Nasdaq +52.06
at 17646.55,
S&P +10.05
at 5553.27
[BRIEFING.COM] The market picked up some momentum in recent trading, leading the S&P 500 to trade 0.2% higher at its best level of the session.
Commodity futures are trading lower, weighing down the S&P 500 energy sector (-0.2%). WTI crude oil futures are down 1.7% to $75.66/bbl and natural gas futures are down 3.1% to $2.13/mmbtu.
The real estate (-0.5%), industrial (-0.2%), health care (-0.2%), and materials (-0.1%) sectors are also underperforming the broader market.
