Stock Market Update
19-Nov-24 14:30 ET
Super Micro Computer rallies after naming new auditor, Incyte falls in S&P 500 after trial updates
Dow -77.55
at 43312.05,
Nasdaq +183.02
at 18974.85,
S&P +25.72
at 5919.35
[BRIEFING.COM] The S&P 500 (+0.44%) is in second place on Tuesday afternoon.
Elsewhere, S&P 500 constituents Super Micro Computer (SMCI 28.26, +6.72, +31.20%), GE Vernova (GEV 339.10, +13.73, +4.22%), and United Airlines (UAL 93.91, +3.53, +3.91%) dot the top of the standings. SMCI moves aggressively higher after announcing BDO as its Independent Auditor and the filing of a compliance plan with the NASDAQ, GEV announced earlier plans to acquire Woodward's (WWD 170.14, +0.23, +0.14%) gas turbines unit, while UAL hits 5-year highs on a bullish TD Cowen note and reporting record demand for European Christmas markets.
Meanwhile, Incyte (INCY 69.47, -7.50, -9.74%) falls to the bottom of the average after pausing enrollment in Phase 2 chronic urticaria trial and halting development of cholestatic pruritus program.
