Stock Market Update

16-Sep-24 11:35 ET
Heavily-weighted names continue to weigh down indices
Dow +64.88 at 41458.66, Nasdaq -142.55 at 17541.41, S&P -13.62 at 5612.40

[BRIEFING.COM] The market moved mostly sideways at the index level in recent trading. 

The S&P 500 information technology sector, which comprises 31% of the index, trades 1.1% lower. Apple (AAPL 216.10, -6.43, -2.8%), NVIDIA (NVDA 116.55, -2.55, -2.1%), and Broadcom (AVGO 162.18, -5.53, -3.3%) are among the influential losers from the sector. 

The market-cap weighted S&P 500 trades 0.2% lower, but the equal-weighted S&P 500 sports a 0.3% gain.

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