Stock Market Update
10-Sep-24 11:35 ET
Financial sectors lags
Dow -144.15
at 40685.44,
Nasdaq +89.77
at 16974.35,
S&P +11.56
at 5482.61
[BRIEFING.COM] The S&P 500 (+0.2%) and Nasdaq Composite (+0.5%) moved fractionally higher in recent trading on no news.
The financial sector (-1.5%) dropped to last place on the leaderboard despite index-level improvement. The sector comprises 13.5% of the index and many components show losses. Goldman Sachs (GS ) is an influential laggard after its CEO said trading revenue is heading for a 10% drop in Q3, according to Reuters.
The only other sector down more than 0.1% is energy, which sports a 1.5% decline as oil prices sink rapidly. WTI crude oil futures are down 4.0% now to $65.97/bbl.
