Stock Market Update
05-Jul-24 14:30 ET
Advanced Micro up on analyst comments, Baxter gains in S&P 500 after subsidiary sale speculation
Dow +15.21
at 39323.21,
Nasdaq +154.62
at 18342.92,
S&P +25.03
at 5562.05
[BRIEFING.COM] The S&P 500 (+0.45%) is in second place on Friday afternoon, up about 25 points.
Elsewhere, S&P 500 constituents Advanced Micro (AMD 171.74, +7.84, +4.78%), Baxter (BAX 34.21, +1.05, +3.17%), and WestRock (WRK 51.70, +1.95, +3.92%) pepper the top of today's standings. AMD benefits from a New Street note wherein analysts downgraded NVIDIA (NVDA 127.23, -1.05, -0.82%) and called AMD and TSMC (TSM 183.68, +1.19, +0.65%) the most attractive AI stocks, while BAX was the subject of an afternoon WSJ story suggesting Carlyle (CG 40.36, -0.23, -0.57%) had eyes on its kidney care business.
Meanwhile, Southwest Air (LUV 27.26, -1.32, -4.62%) is the average's worst laggard after Raymond James cut their target on the stock.
