Stock Market Update

12-Sep-24 10:35 ET
S&P 500 extends posture above 50-day moving average
Dow -45.57 at 40816.14, Nasdaq +92.42 at 17487.93, S&P +13.16 at 5567.29

[BRIEFING.COM] The S&P 500 (+0.2%) and Nasdaq Composite (+0.5%) are slightly higher while the Dow Jones Industrial Average (-0.1%) remains below its prior close. 

Yesterday's action led the S&P 500 to close above its 50-day moving average (5,508) and today's extension has the Nasdaq Composite approaching its 50-day moving average (17,520). 

Small and mid cap stocks are also participating in the broad advance. The Russell 2000 sports a 0.3% gain and the S&P Mid Cap 400 trades 0.2% higher.

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