Stock Market Update
06-Aug-24 14:40 ET
Broad buying continues
Dow +740.84
at 39444.11,
Nasdaq +409.73
at 16609.82,
S&P +123.85
at 5310.18
[BRIEFING.COM] The S&P 500 tipped back above the 5,300 level, sporting a 2.3% gain.
Mega cap stocks and semiconductor shares are building up strength. The Vanguard Mega Cap Growth ETF (MGK) is 2.7% higher and the PHLX Semiconductor Index shows a 3.6% gain.
Still, buying remains robust elsewhere. The equal-weighted S&P 500 shows a 2.3% gain.
