Stock Market Update
09-Aug-24 12:00 ET
Growth stocks outperform value stocks; Indices move mostly sideways
Dow -60.67
at 39385.82,
Nasdaq -29.09
at 16630.94,
S&P -0.92
at 5318.39
[BRIEFING.COM] The S&P 500 (-0.01%), Nasdaq Composite (-0.1%), and Dow Jones Industrial Average (-0.1%) are trading slightly lower than yesterday's close, remaining in relatively narrow trading ranges.
Growth stocks have a slight performance edge over value stocks so far. The Russell 3000 Growth Index is 0.3% higher while the Russell 3000 Value Index sports a 0.2% decline.
Separately, Treasuries are near intraday low yields. The 10-yr note yield is down six basis points from yesterday at 3.94% and the 2-yr note yield is down one basis point to 4.03%.
