Stock Market Update
20-Nov-24 14:30 ET
Qualcomm dips in S&P 500 standings after Investor Day, Keysight gains on earnings
Dow -102.53
at 43166.41,
Nasdaq -185.64
at 18801.85,
S&P -38.89
at 5878.10
[BRIEFING.COM] The S&P 500 (-0.66%) is in second place on Wednesday afternoon.
Elsewhere, S&P 500 constituents Qualcomm (QCOM 153.90, -10.81, -6.56%), Monolithic Power (MPWR 553.81, -32.06, -5.47%), and Ford Motor (F 10.65, -0.40, -3.62%) show decent losses. QCOM hit a three-month low today after investors were left unimpressed with the company's five-year targets released at its 2024 Investor Day, MPWR continues recent weakness, and F is pressured by reports of job cuts in Europe.
Meanwhile, Keysight (KEYS 161.40, +9.27, +6.09%) hit a 15-month high earlier today in reaction to last night's earnings.
