Stock Market Update
10-Sep-24 15:35 ET
Treasuries settle with gains ahead of CPI
Dow -128.30
at 40701.29,
Nasdaq +148.46
at 17033.04,
S&P +22.59
at 5493.64
[BRIEFING.COM] The S&P 500 (+0.4%) and Nasdaq Composite (+0.9%) remain near session highs ahead of the close.
Treasuries settled with gains ahead of tomorrow's release of the August Consumer Price Index (CPI) at 8:30 ET. The 10-yr yield dropped five basis points to 3.65% and the 2-yr yield settled six basis point lower at 3.61%.
In addition to the CPI report, the weekly MBA Mortgage Applications Index will be released at 7:00 ET tomorrow and the weekly EIA Crude oil Inventories will be released at 10:30 ET tomorrow.
