Stock Market Update
28-Jan-25 15:00 ET
Chipmakers benefit from buying
Dow +142.23
at 44855.87,
Nasdaq +410.70
at 19834.44,
S&P +60.41
at 5990.75
[BRIEFING.COM] There hasn't been much up or down movement at the index level in recent trading.
The vibe under the index surface has shifted with no specific catalyst. Market breadth was negative through most of the session and it's still negative at the NYSE, but advancers are roughly in-line with decliners now at the Nasdaq.
The shift has coincided with chipmakers staging a turnaround after initial weakness. The PHLX Semiconductor Index (SOX) sports a 1.3% gain.
