Stock Market Update
29-Aug-24 11:40 ET
Commodity futures boost energy sector
Dow +288.50
at 41379.92,
Nasdaq +181.64
at 17737.66,
S&P +38.90
at 5631.08
[BRIEFING.COM] The market remains near session highs. The S&P 500 shows a 0.7% gain.
A short time ago, natural gas futures showed a build of 35 bcf versus last week's build of 35 bcf. Natural gas futures are 0.2% higher at $2.10/mmbtu.
On a related note, WTI crude oil futures are 1.6% higher at $75.59/mmbtu. This price action has contributed to the outperformance of the energy sector, which sports a 0.9% gain.
