Stock Market Update
23-Sep-24 11:10 ET
Market sticks to narrow ranges
Dow +9.14
at 42072.50,
Nasdaq +15.70
at 17964.00,
S&P +9.65
at 5712.20
[BRIEFING.COM] The market turned slightly lower, but major indices are sticking to narrow ranges.
The fed funds futures market is pricing in a 53.1% probability of a 25 basis points rate cut in November and a 100% probability of an additional rate cut in December, according to the CME FedWatch Tool.
Elsewhere, the 10-yr yield is at 3.78% now.
