Stock Market Update

30-Jul-24 11:00 ET
Growth stocks, mega caps, and semiconductor stocks lead declines
Dow +91.25 at 40630.98, Nasdaq -147.00 at 17223.20, S&P -20.08 at 5443.46

[BRIEFING.COM] The S&P 500 (-0.1%) and Nasdaq Composite (-0.5%) are both trading lower in recent action, reaching fresh session lows. 

Growth stocks, mega caps, and semiconductor shares are leading downside moves. The Russell 3000 Growth Index is down 0.5%, the Vanguard Mega Cap Growth ETF (MGK) is down 0.6%, and the PHLX Semiconductor Index (SOX) shows a 2.0% decline. 

Meanwhile, the equal-weighted S&P 500 has maintained a positive posture, up 0.4%. 

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