Stock Market Update

30-Aug-24 10:25 ET
Broad-based buying interest
Dow +33.94 at 41368.99, Nasdaq +109.32 at 17625.74, S&P +26.01 at 5617.97

[BRIEFING.COM] It is another day (or morning at least) that has been accented with broad-based buying interest. Advancers lead decliners by a 2-to-1 margin at the NYSE and by an 11-to-6 margin at the Nasdaq.

It is another day, too, where overall volume is expected to be light. With today's economic data out of the way, another wave of market participants has been set free to start laboring over their Labor Day weekend plans.

For those stuck at their desks until the closing bell, they'll be on watch for "air pockets" that could arise amid the thin trading conditions. Absent that, some torpid trading conditions could be on order.

For the 10 S&P 500 sectors trading higher, gains range from 0.2% (communication services) to 0.7% (information technology).

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