Stock Market Update

06-Feb-25 10:30 ET
Broad buying interest, but not a lot of conviction
Dow -68.56 at 44803.64, Nasdaq +32.92 at 19807.15, S&P +8.56 at 6070.04

[BRIEFING.COM] The market-cap weighted S&P 500 sports a 0.3% gain and the equal-weighted S&P 500 trades 0.1% higher.

Market breadth reflects a positive skew, but margins are fairly narrow. Advancers lead decliners by a 3-to-2 margin at the NYSE and by an 11-to-10 margin at the Nasdaq.

Only three S&P 500 sectors are lower -- energy (-1.1%), utilities (-0.4%), and health care (-0.4%) -- while the consumer staples (+0.8%), information technology (+0.5%), financials (+0.5%), and communication services (+0.4%) sectors lead the pack.

Elsewhere, the Dow Jones Industrial Average dropped below its prior close.

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