Stock Market Update

15-Jul-24 14:30 ET
APA Corp., Tesla up in S&P 500 on Trump read-throughs
Dow +232.57 at 40233.47, Nasdaq +75.20 at 18473.65, S&P +21.07 at 5636.42

[BRIEFING.COM] The S&P 500 (+0.38%) is in last place on Monday afternoon among the major averages, adding about 21 points to Friday's close.

Elsewhere, S&P 500 constituents APA Corp. (APA 31.53, +1.56, +5.21%), Tesla (TSLA 259.71, +11.48, +4.62%), and Discover Financial (DFS 136.57, +5.29, +4.03%) pepper the top of the standings. APA benefits from pro-Trump sentiment in the Presidential race, while reports confirmed over the weekend that E. Musk said he "fully endorses" former President Trump, with general strength in credit card stocks helps DFS.

Meanwhile, Virginia-based energy firm AES (AES 17.15, -1.74, -9.21%) is today's top laggard despite a dearth of corporate news.

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