Stock Market Update

02-Apr-25 11:10 ET
Crude oil trades flat after weekly EIA crude oil inventories
Dow +78.16 at 42068.12, Nasdaq +19.35 at 17469.24, S&P +8.29 at 5641.36

[BRIEFING.COM] The major indices are at or near session highs. The S&P 500 shows a 0.1% gain.

The weekly EIA Crude Oil Inventories showed a build of 6.17 million barrels following last week's draw of 3.34 million barrels. WTI crude oil futures are little changed from yesterday at $71.16/bbl. 

The price action in oil has contributed to the soft showing in the S&P 500 energy sector (-0.2%), which shows a decline despite an improvement in many S&P 500 sectors. 

The utilities (+0.5%), financial (+0.5%), and real estate (+0.3%) sectors lead the pack higher.

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