Stock Market Update Monday April 8, 2024

Stock Market Update Monday April 8, 2024 The major indices coasted through a session characterized by minimal intraday volatility, closing nearly flat for both the S&P 500 and the Nasdaq 100 indexes. It was a day where the stock markets could have taken a holiday for today's eclipse. The SPY ETF experienced the lightest volume of the year.

Away From Stocks: Treasury's continued to face downward pressure, resulting in 2- and 30-year yields rising by five and one basis point, respectively, to 4.78% and 4.55%. WTI crude retraced below $87 a barrel, gold notched another new high at $2,338 per ounce, and the VIX edged back towards 15.