Stock Market Update

04-Jun-25 15:30 ET
Mega-cap stocks remain in support position
Dow -13.74 at 42505.90, Nasdaq +78.08 at 19477.02, S&P +9.32 at 5979.69

[BRIEFING.COM] The S&P 500 continues to sport a modest gain, having seen its attempt to reclaim the 6,000 level run into resistance at 5,990.

Once again, the mega-cap stocks have been an influential source of support for the market cap-weighted indices in another session where volume has been running below average. The equal-weighted S&P 500 is flat for the day.

The Vanguard Mega-Cap Growth ETF (MGK) is up 0.4% and trading near its highs for the session, led by Meta Platforms (META 685.49, +18.64, +2.8%) and Amazon.com (AMZN 207.75, +2.04, +1.0%).

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