Stock Market Update
19-Aug-24 14:35 ET
Semiconductor stocks and some mega caps trade off early lows
Dow +147.16
at 40806.92,
Nasdaq +155.16
at 17786.87,
S&P +35.21
at 5589.46
[BRIEFING.COM] The market trades near session highs. The Nasdaq Composite sports a 0.8% gain.
Microsoft (MSFT 419.35, +0.88, +0.2%) and Amazon.com (AMZN 177.80, +0.74, +0.4%) each traded as low as 0.5% earlier before bouncing. The Vanguard Mega Cap Growth ETF (MGK) was trading down 0.3% earlier, but sports a 0.7% gain.
Semiconductor stocks have also staged a recovery. The PHLX Semiconductor Index (SOX) traded down as much as 1.4%, but shows a 0.9% gain now.
