Stock Market Update Friday February 9, 2024

Stock Market Update Friday 9, 2024 Stocks concluded their 14th consecutive positive week out of the last 15, with the S&P 500 advancing 0.6% to extend its year-to-date gains to just over 6%. The Nasdaq 100 also recorded gains, and even the Russell 2000 somewhat participated, rising by 1% and bringing its increase for 2024 to 8.6%. Treasury prices experienced another decline but rebounded from their lowest levels, with the 10-year yield settling at 4.17% after reaching a two-month high of 4.19% earlier in the day. WTI crude oil maintained its position above $76 a barrel, while gold saw a slight decline to $2,025 per ounce, and the VIX index remained below 13.