Stock Market Update
28-Feb-25 12:35 ET
Mega caps limit weekly performance
Dow +168.65
at 43408.15,
Nasdaq +86.37
at 18630.79,
S&P +21.19
at 5882.76
[BRIEFING.COM] With today's move, the Dow Jones Industrial Average is roughly unchanged this week. The average trades 0.3% higher, leaving it just 0.1% below last Friday.
The Nasdaq Composite (+0.4%) and S&P 500 (+0.3%) haven't fared as well as the DJIA this week, sitting on losses of 4.6% and 2.2%, respectively, since last Friday.
The underperformance of the mega cap names has an outsized impact on the S&P 500 and Nasdaq Composite. The Vanguard Mega Cap Growth ETF (MGK) shows a 4.0% decline this week.
