Stock Market Update

10-Sep-24 10:40 ET
ORCL outperforms on earnings and AWS news
Dow -242.07 at 40587.52, Nasdaq +48.07 at 16932.65, S&P +0.47 at 5471.52

[BRIEFING.COM] The Russell 2000 extended its opening loss, down 0.7%, and the S&P 500 briefly dropped below its prior close. 

Market breadth reflects a negative bias driving today's trade after yesterday's rebound action. Decliners lead advancers by a nearly 2-to-1 margin at the NYSE and by a 3-to-2 margin at the Nasdaq. 

Some stocks are going against the grain on specific news items. Oracle (ORCL 157.38, +17.49, +12.5%) is a winning standout in that respect, jumping after its fiscal Q1 earnings and AWS strategic partnership news.

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