Stock Market Update

17-Dec-24 14:30 ET
S&P 500 down; Amentum, Humana, and APA lead declines, Fox Corp. gains on digital growth
Dow -346.89 at 43370.59, Nasdaq -83.66 at 20159.46, S&P -31.20 at 6042.88

[BRIEFING.COM] The S&P 500 (-0.51%) is in second place on Tuesday afternoon, consolidating afternoon losses over the last half hour.

Elsewhere, S&P 500 constituents Amentum Holdings (AMTM 21.47, -2.31, -9.71%), Humana (HUM 237.50, -22.96, -8.82%), and APA Corp. (APA 20.87, -1.07, -4.88%) pepper the bottom of the standings. AMTM falls on earnings and guidance, HUM and managed care peers remain pressured following recent comments from President-elect Trump, and APA caught a Wells Fargo downgrade this morning to Equal Weight but cites stronger long-term prospects for natural gas demand.

Meanwhile, Fox Corporation (FOXA 49.19, +2.13, +4.53%) is one of today's better performers after the company reported record FOX News digital numbers for November with equally impressive YouTube views and strong election coverage performance.

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