Stock Market Update
17-Sep-24 15:35 ET
Stocks stick to narrow ranges ahead of the close
Dow -78.60
at 41543.48,
Nasdaq +3.41
at 17595.52,
S&P -8.78
at 5624.31
[BRIEFING.COM] The market is moving mostly sideways ahead of the close.
The 10-yr yield settled two basis points higher at 3.64% and the 2-yr yield settled three basis points higher at 3.59%.
Going into tomorrow, the fed funds futures market sees a 63.0% implied likelihood of a 50-bps rate cut, up from 34.0% a week ago, according to the CME FedWatch Tool.
