As of 10:24 AM ET, Sept 24, 2024, U.S. markets are showing a mixed performance with the Dow Jones Industrial Average eking out a small gain while the S&P 500 and Nasdaq retreat.
- S&P 500: The index is down 0.21%, losing 12.02 points, trading at 5,706.55. Concerns over the ongoing economic slowdown, coupled with pressure from global markets, are weighing on sentiment.
- Dow 30: The Dow is holding steady, gaining 0.06% or 26.20 points, standing at 42,150.85. Despite the broader market weakness, gains in sectors like industrials and energy are supporting the index.
- Nasdaq: The tech-heavy Nasdaq is seeing the biggest decline of the major indices, dropping 0.38%, or 67.69 points, to 17,906.58. Tech stocks remain under pressure amid concerns over rising interest rates and valuation risks.
- Russell 2000: The small-cap Russell 2000 index is up 0.15%, adding 3.33 points to trade at 2,223.61, showing resilience in the small-cap segment as investors look for growth opportunities in a volatile environment.
Market participants are closely monitoring economic data and signals from the Federal Reserve for clues on the future path of interest rates, which is contributing to the choppy trading in today’s session.