Stock Market Update
04-Sep-24 15:30 ET
Market breadth turns negative; Treasuries settle with gains
Dow -27.41
at 40909.52,
Nasdaq -58.56
at 17077.72,
S&P -14.90
at 5514.03
[BRIEFING.COM] The S&P 500 has moved back above its 50-day moving average (5,506) over the last half hour. Still, the market remains near session lows.
Market breadth was positive earlier, but shows a negative bias now. Decliners have a fractional lead over advancers at the NYSE and a 4-to-3 lead at the Nasdaq.
Treasuries settled the session with gains. The 2-yr note yield declined 12 basis points to 3.77% and the 10-yr note yield also settled at 3.77%, down eight basis points from yesterday.
