Stock Market Update
19-Sep-24 11:00 ET
Major indices pullback slightly, but stocks maintain positive bias
Dow +373.89
at 41876.99,
Nasdaq +415.56
at 17988.84,
S&P +84.89
at 5703.15
[BRIEFING.COM] The major indices pulled back slightly from session highs, but still maintain solid gains. The Dow Jones Industrial Average was up more than 500 points at its high, but trades up about 375 points now.
Strength in the mega cap space is still an integral support factor for index performance. NVIDIA (NVDA 118.71, +5.33, +4.7%), Apple (AAPL 227.90, +7.24, +3.3%), and Microsoft (MSFT 438.26, +7.55, +1.8%), which are the three weightiest stocks in the S&P 500, are influential winners from the mega cap space.
A short time ago, the weekly EIA Natural Gas Inventories showed a build of 58 bcf versus a build of 40 bcf last week. Natural gas futures are down 1.0% to $2.26/mmbtu.
