Stock Market Update

13-Jan-25 12:40 ET
Market internals reflect negative skew
Dow +119.48 at 42057.93, Nasdaq -208.14 at 18953.49, S&P -29.19 at 5801.47

[BRIEFING.COM] There hasn't been much up or down action in recent trading at the index level. 

The market-cap weighted S&P 500 trades 0.4% lower and market breadth favors decliners by a 3-to-2 margin at the NYSE and by a better than 2-to-1 margin at the Nasdaq. Notably, the equal-weighted S&P 500 trades 0.2% higher, indicating some buying activity despite negative market internals. 

Five of the S&P 500 sectors trade higher led by energy (+1.7%) and materials (+1.4%).

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