Stock Market Update
22-Aug-24 12:35 ET
Mega caps and semiconductor shares limit performance
Dow -29.65
at 40860.84,
Nasdaq -92.97
at 17826.02,
S&P -11.65
at 5609.20
[BRIEFING.COM] The S&P 500 (-0.2%), Nasdaq Composite (-0.6%), and Dow Jones Industrial Average (-0.1%) moved off session lows in recent trading.
Mega cap and semiconductor stocks underperform the broader market, weighing down index performance. The PHLX Semiconductor Index (SOX) shows a 1.0% decline and the Vanguard Mega Cap Growth ETF (MGK) trades 0.5% lower.
The Invesco S&P 500 Equal Weight ETF (RSP), meanwhile, trades up 0.1%.
