Stock Market Update

07-Oct-24 12:05 ET
SMCI, APD lead S&P 500 components
Dow -228.30 at 42124.45, Nasdaq -73.79 at 18064.06, S&P -21.33 at 5729.74

[BRIEFING.COM] Things are little changed at the index level over the last half hour. 

Outsized moves in either direction are limited to individual stocks with specific catalysts. Super Micro Computer (SMCI 47.25, +6.05, +14.6%) is the best performing name in the S&P 500, making a big move after announcing a complete liquid cooling system for data centers. Air Products (APD 307.87, +22.37, +7.8%) is the next best performer after on a report that activist Mantle Ridge has accumulated a $1+ billion stake, according to The Wall Street Journal.

Deckers Outdoors (DECK 156.88, -9.93, -6.0%) is among the weakest performers in the index after catching a downgrade from Seaport Research Partners.

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