Stock Market Update
03-Jan-25 12:05 ET
Stocks trade at session highs
Dow +255.83
at 42648.10,
Nasdaq +273.63
at 19554.42,
S&P +60.92
at 5929.47
[BRIEFING.COM] The S&P 500 (+1.1) and Nasdaq Composite (+1.5) trade at or near session highs, trading up after five consecutive losing sessions.
The equity market has maintained its positive posture despite rising market rates. The 10-yr yield was at 4.54% earlier and sits at 4.57%. The 2-yr yield was at 4.23% earlier and sits at 4.25%.
The US Dollar Index is also moving up, to 109.11, but that hasn't deterred buying in equities.
