Stock Market Update
17-Sep-24 12:05 ET
Semiconductor stocks boost market
Dow +88.49
at 41710.57,
Nasdaq +123.54
at 17715.65,
S&P +20.26
at 5653.35
[BRIEFING.COM] There hasn't been much up or down action at the index level in recent trading.
Semiconductor stocks are outperforming the broader market, providing a measure of support for stocks. The PHLX Semiconductor Index (SOX) shows a 1.2% gain. This price action has also boosted the information technology sector, which trades 0.5% higher.
Separately, the 10-yr yield is up two basis points to 3.64% and the 2-yr yield is up five basis points to 3.61%.
