Stock Market Update
19-Sep-24 12:30 ET
Defensive-oriented sectors lag
Dow +530.90
at 42034.00,
Nasdaq +499.89
at 18073.17,
S&P +104.90
at 5723.16
[BRIEFING.COM] The three major indices sit near session highs. The S&P 500 sports a 1.9% gain.
Defensive-oriented S&P 500 sectors like utilities (-1.0%) and consumer staples (-0.5%) have underperformed today, reflecting a more risk-on vibe in the market.
Separately, Treasuries are mixed. The 10-yr yield is up four basis points to 3.73% and the 2-yr yield is unchanged from yesterday at 3.60%.
