Stock Market Update
15-Apr-25 10:05 ET
Positive bias at the open
Dow +168.24
at 40693.03,
Nasdaq +104.30
at 16935.78,
S&P +32.90
at 5438.87
[BRIEFING.COM] The stock market is higher again today. The upside bias is driven by momentum following yesterday's gains, along with buying interest in mega cap stocks, and positive responses to earnings from Bank of America (BAC 38.14, +1.48, +4.0%) and Citigroup (C 65.27, +2.05, +3.2%).
The Dow Jones Industrial Average trades 0.4% higher, the S&P 500 shows a 0.6% gain, and the Nasdaq Composite is 0.6% higher than yesterday.
The S&P 500 financial sector is leading the ten sectors trading up, thanks in part to the results from Bank of America and Citigroup. The energy (+1.1%) and technology (+0.7%) sectors are the next best performers.
Participants are also reacting to this morning's data, which featured a better-than-expected April Empire State Manufacturing Survey (actual -8.1; expected -14.8).
