Stock Market Update
30-Oct-24 11:40 ET
CMG, CZR lag in consumer disc sector
Dow +218.56
at 42451.61,
Nasdaq +33.80
at 18746.55,
S&P +15.15
at 5848.07
[BRIEFING.COM] The market moved higher in recent trading. The S&P 500 trades about 15 points above yesterday's close.
Chipotle Mexican Grill (CMG 56.32, -4.20, -6.4%) is among the influential names that garnered a negative response to earnings news. It is the worst performing stock in the consumer discretionary sector (+0.6%) following Caesar's Entertainment (CZR 40.60, -4.69, -10.4%), which also reported quarterly results.
Other discretionary-related stocks like retailers and homebuilders are trading higher. The SPDR S&P Homebuilder ETF (XHB) trades up 0.5% and the SPDR S&P Retailer ETF (XRT) shows a 0.6%.
