Stock Market Update

11-Sep-24 15:35 ET

Treasuries settle slightly lower after CPI data

Dow +65.37 at 40802.33, Nasdaq +305.26 at 17331.12, S&P +43.50 at 5539.02

[BRIEFING.COM] The major indices continue to climb ahead of the close.

The 10-yr note yield ultimately settled one basis point higher at 3.65% and the 2-yr note yield settled four basis points higher at 3.65%.

Looking ahead, Thursday's economic lineup features:

8:30 ET: August PPI (Briefing.com consensus 0.2%; prior 0.1%), Core PPI (Briefing.com consensus 0.2%; prior 0.1%), weekly Initial Claims (Briefing.com consensus 229,000; prior 227,000), and Continuing Claims (prior 1.838 mln)
10:30 ET: Weekly natural gas inventories (prior +13 bcf)
14:00 ET: August Treasury Budget (prior -$243.7 bln)