Stock Market Update
22-Jan-25 11:55 ET
Small and mid cap stocks slide after solid start to 2025
Dow +133.41
at 44159.22,
Nasdaq +287.56
at 20044.34,
S&P +50.05
at 6099.29
[BRIEFING.COM] The Nasdaq Composite trades about 290 points higher and the S&P 500 trades about 45 points higher.
Small cap and mid cap stocks are subject to some modest consolidation activity that has taken root through the equity market with the exception of mega caps and semiconductor-related names. The Russell 2000 shows a 0.6% decline and the S&P Mid Cap 400 sports a 0.2% loss.
Downside moves are limited compared to the scope of recent gains. With today's declines, the Russell 2000 and S&P Mid Cap 400 are still 3.4% and 5.4% higher, respectively, since the start of the year.
