Stock Market Update
16-Jul-24 14:30 ET
Match, Etsy ride analyst ratings to top of S&P 500, Raymond James dips on Schwab sympathy
Dow +658.07
at 40869.79,
Nasdaq -20.30
at 18452.27,
S&P +21.40
at 5652.62
[BRIEFING.COM] The S&P 500 (+0.38%) is in second place on Tuesday afternoon, consolidating afternoon gains near the 5,650 level.
Elsewhere, S&P 500 constituents Match (MTCH 34.55, +2.53, +7.90%), Etsy (ETSY 65.86, +4.29, +6.97%), and Warner Bros. Discovery (WBD 7.88, +0.46, +6.20%) pepper the top of today's trading. MTCH was initiated with an Outperform at Wolfe this morning in addition to a letter from activist Starboard, Wolfe also initiated coverage on ETSY with a Peer Perform and named it a Tactical Call, while WBD was the subject of some analyst target moves.
Meanwhile, Raymond James (RJF 115.63, -5.48, -4.52%) is near the bottom of the standings, lagging in sympathy to Schwab's (SCHW 68.35, -6.72, -8.95%) post-earnings move lower.
