Stock Market Update

23-Aug-24 15:45 ET
Treasury yields slide
Dow +431.23 at 41144.01, Nasdaq +221.68 at 17841.03, S&P +55.10 at 5625.74

[BRIEFING.COM] Stocks move slightly higher in front of the close.

The 10-yr note yield fell six basis points to 3.81% and the 2-yr note yield declined ten basis points to 3.91%. 

Next week's economic lineup features:

  • August Consumer Confidence (prior 100.3) on Tuesday
  • Q2 GDP -- second estimate (prior 2.8%), Q2 GDP Deflator -- second estimate (prior 2.3%), weekly Initial Claims (prior 232,000), Continuing Claims (prior 1.863 mln) on Thursday 
  • July Personal Income (prior 0.2%), Personal Spending (prior 0.3%), PCE Prices (prior 0.1%), and Core PCE Prices (prior 0.2%) and final August University of Michigan Consumer Sentiment (prior 67.8)on Friday
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