Stock Market Update
17-Oct-24 11:30 ET
Financial sector leads
Dow +162.54
at 43240.24,
Nasdaq +83.19
at 18450.27,
S&P +17.13
at 5859.60
[BRIEFING.COM] The three major indices moved slightly higher with no specific catalyst.
The S&P 500 financial sector (+0.5%) has been in a leadership role through the week amid earnings news from the space. Travelers (TRV 260.99, +18.04, +7.4%), M&T Bank (MTB 197.86, +8.51, +4.5%), and Blackstone (BX 167.14, +7.43, +4.7%) are the top performers in the sector after reporting better-than-expected earnings results.
The only other sector trading up is information technololgy.
