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Midday Market Update

Market Correction in Sight? U.S. Benchmarks Disagree

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U.S. Markets
U.S. benchmarks set new intraday highs shortly after the opening bell and showed so no signs of slowing down through Friday's trading session.

The S&P 500 was on track to finish the week with nearly a 3% gain--the index was trading in the green with healthcare stocks leading the way. The Dow Jones Industrial Average has also been making significant advances this week as it nears the 20,000 level. Furthermore, the Nasdaq saw a jump on Friday thanks to increases in biotechnology stocks.

Milad Nourmohammadi does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.