Stock Market Update
13-Sep-24 10:30 ET
Yields and stocks little changed after data
Dow +258.56
at 41355.33,
Nasdaq +48.75
at 17618.41,
S&P +20.23
at 5615.99
[BRIEFING.COM] The major indices trade near early session highs. The S&P 500 sports a 0.3% gain.
The preliminary reading for the September University of Michigan Index of Consumer Sentiment reached 69.0 (Briefing.com consensus 68.1) versus the final reading of 67.9 for August.
The key takeaway from the report is that year-ahead expectations for personal finances and the economy both improved despite substantial uncertainty surrounding the election.
Treasury yields were little changed by the data. The 10-yr yield is at 3.66%.
