Stock Market Update
21-Aug-24 15:10 ET
Treasuries and equities little changed by Fed Minutes
Dow +28.69
at 40863.66,
Nasdaq +68.99
at 17885.92,
S&P +16.65
at 5613.77
[BRIEFING.COM] The market's response to the Fed Minutes has been muted. The major indices, along with Treasury yields, sit little changed from levels seen in front of the release.
The market-cap weighted S&P 500 trades 0.3% higher and the equal-weighted S&P 500 trades 0.6% higher. Only one S&P 500 sector trades lower -- financials (-0.2%) -- while the consumer discretionary (+1.1%) and materials (+1.1%) sectors trade up more than 1.0%.
Elsewhere, the 10-yr note yield is at 3.78% and the 2-yr note yield sits at 3.93%.
