Stock Market Update
25-Feb-25 15:30 ET
The fate of a losing streak hangs in the balance
Dow +300.89
at 43762.10,
Nasdaq -158.96
at 19127.97,
S&P -5.48
at 5977.77
[BRIEFING.COM] US Treasuries had a fifth consecutive wining session today that saw prices move higher and yields lower. The S&P 500 and Nasdaq Composite are trying to avoid their fourth consecutive losing session while the Russell 2000 is hoping to avert a fifth straight losing session.
They all have work to do in the next 30 minutes or so to avoid those fates. The S&P 500 (-0.1%) and Russell 2000 (-0.1%) are on a good trajectory at the moment, having recovered nicely off session lows, yet the Nasdaq has a bigger fight on its hands.
That fight will have a lot to do with how the mega-cap stocks end today's session. They are working their way back from larger losses in what has been a mostly negative day of trading. The Vanguard Mega-Cap Growth ETF (MGK), down 2.1% at today's low, is down 0.6% now.
