Stock Market Update
10-Sep-24 11:00 ET
Treasury yields turn lower; Growth stocks outperform indices
Dow -172.83
at 40656.76,
Nasdaq +31.23
at 16915.81,
S&P +1.54
at 5472.59
[BRIEFING.COM] The major indices trade near their lows of the session, but moves in either direction have been limited. The S&P 500 has moved about 30 points between its intraday high and low.
Growth stocks are holding up better than value stocks, providing a measure of support to the broader market. The Russell 3000 Growth Index shows a 0.3% gain and the Russell 3000 Value Index shows a 0.5% decline.
Separately, Treasury yields are lower. The 10-yr note yield is down three basis points to 3.67% and the 2-yr note yield is down four basis points to 3.64%.
