Stock Market Update

[BRIEFING.COM] The market has propped up a bit in the last half hour, all three major averages now in the green. The S&P 500 (+0.19%) is at HoDs, but in third place as more aggressive gains are had elsewhere.

Elsewhere, S&P 500 constituents Freeport-McMoRan (FCX 49.10, -2.94, -5.65%), GE Vernova (GEV 162.87, -7.50, -4.40%), and Paramount Global (PARA 12.30, -0.50, -3.91%) dot the bottom of the standings. FCX underperforms alongside copper peers as the underlying commodity (-2.5% copper) sinks lower, GEV continues to fade off recent highs, and PARA unwinds as investors clamor over reports of what management will do in relation to the ongoing bidding war for the company at its upcoming annual meeting.

Meanwhile, Carnival (CCL 16.86, +0.85, +5.31%) is today's top performer after news that in March 2025 the company would sunset the P&O Cruises Australia brand and fold the Australia operations into Carnival Cruise Line.