Stock Market Update
10-Dec-24 15:00 ET
Mega caps turn lower, weighing down indices
Dow +7.08
at 44409.01,
Nasdaq -58.92
at 19677.31,
S&P -9.09
at 6043.76
[BRIEFING.COM] The stock market moved mostly sideways at the index level in recent trading. The S&P 500 (-0.1%) and Nasdaq Composite (-0.2%) trade near their worst levels of the session.
Many mega cap names gave up early gains or extended initial losses, weighing down major indices. Amazon.com (AMZN 224.77, -1.32, -0.6%), Microsoft (MSFT 442.44, -3.58, -0.8%), and Meta Platforms (META 613.54, -0.02, -0.01%) are standouts in that respect.
The Vanguard Mega Cap Growth ETF (MGK) traded up as much as 0.9%, but shows a 0.2% loss now.
