Stock Market Update

01-Jul-24 14:30 ET
Constellation Energy up on reports of Amazon's nuclear power ambitions; Cruise stocks dip in S&P 500
Dow +41.83 at 39160.69, Nasdaq +111.19 at 17843.79, S&P +8.57 at 5469.05

[BRIEFING.COM] The S&P 500 (+0.16%) is in second place on Monday afternoon, up about 9 points.

Elsewhere, S&P 500 constituents Constellation Energy (CEG 205.59, +5.32, +2.66%), Ford Motor (F 12.82, +0.28, +2.23%), and Oracle (ORCL 143.36, +2.16, +1.53%) dot the top of the standings. CEG is strong after reports that Amazon (AMZN 197.72, +4.47, +2.31%) is eyeing nuclear power to satisfy energy needs to its burgeoning AI data centers, while F and ORCL benefit despite a dearth of corporate news.

Meanwhile, cruise stocks Norwegian Cruise Line (NCLH 17.76, -1.03, -5.48%) and Carnival (CCL 17.84, -0.88, -4.70%) are today's top decliners as shares remain pressured given reports about the strength of Hurricane Beryl.

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