Stock Market Update
28-Jan-25 10:30 ET
Key takeaway from econ data
Dow +163.56
at 44877.20,
Nasdaq +242.56
at 19666.30,
S&P +35.53
at 5965.87
[BRIEFING.COM] The major indices moved mostly sideways over the last half hour.
The Conference Board's Consumer Confidence Index dropped to 104.1 in January (Briefing.com consensus 108.1) from an upwardly revised 109.5 (from 104.7) in December.
The key takeaway from the report is that consumers, in general, remained pessimistic about future employment prospects.
