Stock Market Update

26-Jul-24 12:00 ET
MMM, MHK, CHTR, NSC lead S&P 500 components, DXCM lags
Dow +730.64 at 40665.51, Nasdaq +181.63 at 17363.35, S&P +67.77 at 5466.99

[BRIEFING.COM] Upside moves continue to build up steam, driving the market to fresh session highs.

Outsized moves have been reserved for individual stocks with specific catalysts. 3M (MMM 123.77, +20.38, +19.7%), Mohawk (MHK 159.57, +25.07, +18.6%), Charter Comm (369.58, +54.35, +17.2%), and Norfolk Southern (NSC 248.89, +25.99, +11.7%) lead the S&P 500, showing double-digit percentage gains after reporting earnings results.

Meanwhile, Dexcom (DXCM 62.89, -44.93, -41.7%) shows the largest decline among S&P 500 components by a huge margin after disappointing FY24 revenue guidance.

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