Stock Market Update
17-Mar-25 14:55 ET
Mega cap turnaround boosts market
Dow +523.56
at 42011.44,
Nasdaq +165.30
at 17919.39,
S&P +62.51
at 5701.45
[BRIEFING.COM] The major indices trade at or near session highs. The S&P 500 shows a 1.1% gain and trades about 62 points higher than Friday.
The afternoon upturn in the major indices coincided with some mega caps turning positive. Apple (AAPL 214.69, +1.20, +0.6%), which traded down as much as 1.6%, Microsoft (MSFT 392.65, +4.09, +1.0%), which traded down as much as 0.8%, and Broadcom (AVGO 195.89, +0.33, +0.2%), which traded down as much as 4.1%, are standouts from the space.
All 11 S&P 500 sectors trade up now and the Invesco S&P 500 Equal Weight ETF (RSP) shows a 1.7% gain.
