Stock Market Update
07-Aug-24 12:10 ET
Some mega caps turn lower, weighing on index performance
Dow +216.25
at 39213.91,
Nasdaq +144.92
at 16511.78,
S&P +43.75
at 5283.78
[BRIEFING.COM] Stocks turned lower over the last half hour.
Some mega cap names slid below prior closing levels, weighing on index performance. NVIDIA (NVDA 103.23, -1.00, -1.0%), Broadcom (AVGO 143.71, -0.31, -0.2%), and Eli Lilly (LLY 769.28, -23.90, -3.0%) are standouts in that respect. The Vanguard Mega Cap Growth ETF (MGK) is still 0.7% higher, though.
Other names are still trading higher, leading the equal-weighted S&P 500 to show a 0.9% gain.
