Stock Market Update
05-Aug-24 15:35 ET
Stocks flow sideways ahead of the close
Dow -1076.20
at 38660.86,
Nasdaq -591.56
at 16184.61,
S&P -162.56
at 5184.00
[BRIEFING.COM] The major indices are trailing sideways into the close with losses ranging from 2.7% to 3.6%.
The 10-yr note yield settled one basis point lower at 3.79% and the 2-yr note yield settled one basis point higher at 3.88%. This followed early price action that had the 2s10s spread emerge from inversion.
Tuesday's economic data is limited to the June Trade Balance at 8:30 ET.
