Stock Market Update
31-Dec-24 14:30 ET
S&P 500 dips as cybersecurity stocks slide; Moderna leads biotech gains
Dow -98.62
at 42475.11,
Nasdaq -178.39
at 19308.39,
S&P -31.36
at 5875.58
[BRIEFING.COM] The S&P 500 (-0.53%) is in second place on Tuesday afternoon, down about 31 points.
Briefly, S&P 500 constituents NRG Energy (NRG 90.06, -2.09, -2.27%), CrowdStrike (CRWD 341.44, -7.87, -2.25%), and Super Micro Computer (SMCI 30.09, -0.59, -1.92%) pepper the bottom of the standings. Cyber security stocks, including CRWD, are lower today following news of a hack connected to the Chinese government on the U.S. Treasury, while embattled IT firm Super Micro Computer is down now about -75% off the 2024 highs from back in early March.
Meanwhile, Moderna (MRNA 40.74, +1.36, +3.45%) is today's top gain getter, rising alongside fellow biotechnology stocks as chatter on the Street suggested select firms planned to raise drug and vaccine prices starting in 2025.
