Stock Market Update
20-Sep-24 12:10 ET
Stocks languish after big week of gains
Dow -41.95
at 41983.24,
Nasdaq -59.45
at 17954.51,
S&P -16.59
at 5697.05
[BRIEFING.COM] There hasn't been much up or down action in the major indices of late. The market is still sitting on sizable gains this week. Including today's declines, the S&P 500 is 1.2% higher this week, the Nasdaq Composite is 1.5% higher, and the Russell 2000 has outperformed, jumping 2.5% since last Friday.
The Russell 2000 is now 10% higher in 2024 and the Nasdaq Composite is nearly 20% higher this year.
Many stocks contributed to this week's gains, but chipmakers were left out somewhat. The PHLX Semiconductor Index (SOX) is little changed from last Friday while the Invesco S&P 500 Equal Weight ETF (RSP) shows a 1.1% gain on the week.
