Stock Market Update

28-Jan-25 11:00 ET
Mega caps support market ahead of earnings
Dow +210.20 at 44923.84, Nasdaq +207.53 at 19631.27, S&P +35.02 at 5965.36

[BRIEFING.COM] The market is moving up at the index level, yet market breadth is still negative.

Decliners lead advancers by an 11-to-10 margin at the NYSE and at the Nasdaq. The equal-weighted S&P 500 trades 0.04% lower while the market-cap weighted index sports a 0.7% gain.

Apple (AAPL 238.69, +8.83, +3.8%), Meta Platforms (META 668.31, +8.43, +1.3%), and Microsoft (MSFT 441.21, +6.65, +1.5%) have provided integral support to index gains thus far ahead of their earnings this week.

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