Stock Market Update
09-Aug-24 15:35 ET
Market moves sideways ahead of the close
Dow +48.94
at 39495.43,
Nasdaq +83.79
at 16743.82,
S&P +25.42
at 5344.73
[BRIEFING.COM] The market moves mostly sideways near session highs.
The Russell 2000 and S&P Mid Cap are trading 0.2% and 0.1%, respectively, while the three major indices trade higher.
Treasuries settled with the week with losses from last Friday. The 10-yr note yield rose 15 basis points to 3.94% and the 2-yr note yield jumped 18 basis points to 4.05%. This week's action put some renewed pressure on the 2s10s spread, compressing it by three basis points to -11 basis points.
