Stock Market Update
05-Nov-24 11:10 ET
PLTR, DD, GFS outperform after earnings
Dow +336.65
at 42131.25,
Nasdaq +196.78
at 18376.77,
S&P +51.31
at 5764.00
[BRIEFING.COM] The market-cap weighted S&P 500 shows a 0.8% gain and the equal-weighted S&P 500 sports a 0.6% gain, reflecting broad buying interest.
Outsized moves are mostly reserved for names with specific catalysts. Palantir Technologies (PLTR 50.82, +9.40, +22.8%), DuPont (DD 86.18, +4.33, +5.3%), GlobalFoundries (GFS 39.88, +3.83, +10.6%) trade sharply higher in response to earnings.
Meanwhile, NXP Semi (NXPI 220.82, -16.07, -6.8%), Wynn Resorts (WYNN 87.90, -7.75, -8.1%), and Cirrus Logic (CRUS 105.01, -5.63, -5.1%) are among the stocks trading lower in response to quarterly results.
