Stock Market Update
03-Oct-24 12:40 ET
LEVI, STZ trade down after earnings
Dow -192.64
at 42003.88,
Nasdaq -10.98
at 17914.15,
S&P -11.56
at 5697.98
[BRIEFING.COM] The Dow Jones Industrial Average is about 150 points lower than yesterday's close. The S&P 500 is about four points lower.
Some individual stocks with specific catalysts have exhibited outsized moves. Levi Strauss (LEVI 19.53, -1.52, -7.2%) and Constellation Brands (STZ 246.77, -8.90, -3.5%) trade lower after reporting earnings. LEVI beat earnings estimates, but missed revenue estimates and lowered its FY24 revenue guidance.
Separately, the US Dollar Index is up 0.2% to 101.92.
