Stock Market Update
28-Jan-25 10:00 ET
Stocks open lower
Dow +18.10
at 44731.74,
Nasdaq +102.32
at 19526.06,
S&P +7.45
at 5937.79
[BRIEFING.COM] The major indices trade lower after yesterday's sharp declines. Unlike yesterday, mega cap names are higher while the "rest" of the market trades lower.
The Vanguard Mega Cap Growth ETF (MGK) sports a 0.6% gain. Meanwhile, the Invesco S&P 500 Equal Weight ETF (RSP) shows a 0.5% decline.
NVIDIA (NVDA) and Broadcom (AVGO) are among the top performing mega caps, trading up after huge losses yesterday.
Rising Treasury yields have kept the equity market in check. The 10-yr yield is at 4.56%.
