Stock Market Update
05-Sep-24 12:35 ET
Some mega caps extend gains, leading Nasdaq higher
Dow -360.23
at 40614.74,
Nasdaq +16.92
at 17101.20,
S&P -27.03
at 5493.04
[BRIEFING.COM] The Nasdaq Composite is back in positive territory, up 0.14% from yesterday.
The move coincided with some mega caps extended their gains. The Vanguard Mega Cap Growth ETF (MGK) traded as low as 0.4% earlier, but trades at its prior close now.
Market breadth reflects an ongoing negative bias under the surface despite index improvement. Decliners lead advancers by a 3-to-2 margin at the NYSE and by a 4-to-3 margin at the Nasdaq.
