Stock Market Update
18-Oct-24 11:10 ET
Financials leads this week, but lags today
Dow -94.99
at 43144.06,
Nasdaq +112.57
at 18486.18,
S&P +16.09
at 5857.56
[BRIEFING.COM] The Russell 2000 trades flattish today after logging a 2.1% gain so far this week.
Strength in its regional bank components has boosted the small cap index amid earnings news from the space. This price action has also contributed to a 2.9% gain this week in the SDPR S&P Regional Banking ETF (KRE).
The S&P 500 financial sector is 2.2% higher than last Friday including today's modest decline. American Express (AXP 273.19, -12.69, -4.4%) is an influential loser in the space after reporting earnings results.
