Stock Market Update

11-Sep-24 12:25 ET
MGK, SOX, Nasdaq trade higher
Dow -373.56 at 40363.40, Nasdaq +51.98 at 17077.84, S&P -23.88 at 5471.64

[BRIEFING.COM] The Nasdaq Composite is now 46 points higher than yesterday thanks to ongoing buying in some mega caps and semiconductor names. 

The Vanguard Mega Cap Growth ETF (MGK) shows a 0.2% gain and the PHLX Semiconductor Index (SOX) trades 1.5%. 

Upside moves also coincided with Treasury yields moving higher. The 10-yr note yield is at 3.66% and the 2-yr note yield is at 3.64%.

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