Stock Market Update
19-Mar-25 11:00 ET
S&P 500 moves out of correction territory
Dow +207.56
at 41788.56,
Nasdaq +117.09
at 17621.20,
S&P +28.15
at 5642.81
[BRIEFING.COM] The S&P 500 (+0.5%) pulled back from its high at 5,660.04, but still shows a nice gain.
The index remains 1.8% lower than its 200-day moving average after breaking support there last week. Today's move has the index 8.2% lower than its high on February 19.
The Nasdaq Composite (+0.7%) remains in correction territory, down 12.3% from its all-time high, despite some improvement in recent sessions.
Mega cap stocks have underperformed in recent upside action, impacting the Nasdaq. The Vanguard Mega Cap Growth ETF (MGK) is 0.7% lower this week and 7.5% lower in March.
