Stock Market Update
13-Aug-24 15:40 ET
Oil prices slide, weighing on energy sector
Dow +378.56
at 39735.57,
Nasdaq +361.26
at 17141.87,
S&P +79.89
at 5424.28
[BRIEFING.COM] There hasn't been much up or down movement at the index level in recent trading.
Small and mid cap stocks have maintained a positive posture, along with their larger peers. The Russell 2000 is trading 1.2% higher and the S&P Mid Cap 400 shows a 1.1% gain.
Separately, oil prices slumped $1.54, or 1.9%, to $78.37/bbl. This price action has clipped the S&P 500 energy sector (-1.1%), which is the lone standout in negative territory today.
