Stock Market Update
08-Jan-25 15:05 ET
Consumer credit decreased in Nov.
Dow +23.97
at 42552.33,
Nasdaq -19.85
at 19469.82,
S&P +1.52
at 5910.55
[BRIEFING.COM] The market continues to move in a volatile fashion. The &SP 500 trades less than two points higher than yesterday.
Mega cap stocks have taken a leadership role again, driving the Vanguard Mega Cap Growth ETF (MGK) to trade 0.2% higher.
Separately, consumer credit decreased by $7.49 billion in November (Briefing.com consensus $9.1 billion) following a $17.3 billion increase in October (revised from $19.2 billion). Treasury yields haven't moved much in response. The 10-yr yield is at 4.69% and the 2-yr yield is at 4.28%.
