Stock Market Update

[BRIEFING.COM] The major indices have traded in narrow ranges over the last half hour.

Many names are trading lower after reporting earnings results. Five Below (FIVE 79.32, -22.80, -22.3%), which also announced its CEO is stepping down, J.B. Hunt Transport (JBHT 163.48, -12.52, -7.1%), Omnicom (OMC 91.24, -4.11, -4.2%), Spirit Airlines (SAVE 2.85, -0.32, -10.3%), and Elevance Health (ELV 517.06, -36.07, -6.5%) are standouts in that respect. 

Meanwhile, US Bancorp (USB 45.43, +2.14, +5.0%) is among the top performers in the S&P 500 today after its earnings report.