Stock Market Update
30-Jul-24 11:35 ET
CRWD, MRK lead declines in S&P 500
Dow +57.06
at 40596.79,
Nasdaq -201.56
at 17168.64,
S&P -30.26
at 5433.28
[BRIEFING.COM] The Dow Jones Industrial Average is trading 0.2% higher and the Russell 2000 shows a 0.1% gain while the other major indices remain in negative territory.
Outsized moves in either direction are reserved for stocks with specific catalysts. CrowdStrike (CRWD 233.30, -25.51, -9.9%) and Merck (MRK 115.76, -12.03, -9.4%) show the largest declines among S&P 500 components.
CRWD is down on news that Delta (DAL 43.62, +0.59, +1.4%) wants compensation from Microsoft (MSFT 419.82, -7.04, -1.6%) and CrowdStrike for the recent outage, according to CNBC. MRK is down on earnings news.
