Stock Market Update

13-Jan-25 15:10 ET
Nasdaq lags, weighed down by mega caps
Dow +306.34 at 42244.79, Nasdaq -143.30 at 19018.33, S&P -2.26 at 5828.40

[BRIEFING.COM] The S&P 500 is fractionally lower, just two points below its prior close. The Nasdaq Composite shows a 0.7% decline, weighed down by mega caps and chipmakers.

The Vanguard Mega Cap Growth ETF (MGK) shows a 0.8% decline and the PHLX Semiconductor Index (SOX) trades 0.5% lower.

Separately, KB Home (KB 60.52, +1.44, +2.4%) trades up ahead of its earnings report this afternoon.

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