Stock Market Update
02-Jan-25 12:05 ET
Small and mid caps outperform
Dow +49.25
at 42593.47,
Nasdaq +86.23
at 19397.02,
S&P +17.84
at 5899.47
[BRIEFING.COM] The market continues to move sideways at the index level. The Nasdaq Composite trades 0.6% higher and the S&P 500 shows a 0.4% increase.
Small and mid cap stocks are outperforming their larger peers so far. The Russell 2000 sports a 1.0% gain and the S&P Mid Cap 400 trades 0.6% higher.
Market breadth is positive, reflecting broad buying interest. Advancers lead decliners by a 5-to-2 margin at the NYSE and by a 2-to-1 margin at the Nasdaq.
