Stock Market Update

03-Jul-24 11:05 ET
Stocks stick to narrow ranges; WTI crude oil futures slightly lower
Dow -57.56 at 39274.29, Nasdaq +45.57 at 18074.33, S&P +8.54 at 5517.55

[BRIEFING.COM] The major indices have traded in relatively narrow ranges through the session so far. The S&P 500 has moved less than 20 points between its intraday high and low.

A short time ago, the weekly EIA crude oil inventories showed a draw of 12.16 million barrels versus last week's build of 3.59 million barrels. WTI crude oil futures are down 0.1% to $82.69/bbl, trading lower after the data.

Still, the S&P 500 energy sector (+0.5%) is a top performer so far along with the information technology (+0.5%), materials (+0.8%), and utilities (+0.9%) sectors.

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