Stock Market Update
16-Sep-24 15:25 ET
Major indices move sideways ahead of the close
Dow +196.99
at 41590.77,
Nasdaq -112.81
at 17571.15,
S&P +0.98
at 5627.00
[BRIEFING.COM] The three major indices trade move mostly sideways ahead of the close.
The 10-yr yield settled three basis points lower at 3.62% and the 2-yr yield settled two basis points lower at 3.56%.
Looking ahead to Tuesday, market participants receive the August Retail Sales report at 8:30 ET. Other data include:
- 9:15 ET: August Industrial Production (Briefing.com consensus 0.1%; prior -0.6%) and Capacity Utilization (Briefing.com consensus 77.9%; prior 77.8%)
- 10:00 ET: July Business Inventories (Briefing.com consensus 0.4%; prior 0.3%) and September NAHB Housing Market Index (Briefing.com consensus 41; prior 39)