Stock Market Update
28-Jun-24 14:30 ET
Estee Lauder dips on L'Oreal sympathy; Synchrony atop S&P 500 after Baird note
Dow -103.57
at 39060.49,
Nasdaq -36.70
at 17821.98,
S&P -5.67
at 5477.20
[BRIEFING.COM] The S&P 500 (-0.10%) is the "best" performing major average on Friday afternoon, down just 6 points.
Elsewhere, S&P 500 constituents AES (AES 17.46, -1.63, -8.54%), HCA (HCA 322.00, -21.29, -6.20%), and Estee Lauder (EL 105.89, -4.97, -4.48%) dot the bottom of the standings. AES and HCA underperform despite a dearth of corporate news, while EL is down in sympathy to yesterday's guidance cut out of L'Oreal (LRLCY 87.69, -2.91, -3.21%).
Meanwhile, Synchrony Financial (SYF 46.64, +2.41, +5.45%) is atop the average after Baird initiated coverage on the stock at Outperform.
