Stock Market Update

15-Aug-24 14:30 ET
S&P 500 in second place on Thursday afternoon
Dow +507.19 at 40515.58, Nasdaq +402.45 at 17595.05, S&P +84.87 at 5540.08

[BRIEFING.COM] The S&P 500 (+1.56%) is in second place on Thursday afternoon, up about 85 points.

Elsewhere, S&P 500 constituents Super Micro Computer (SMCI 629.36, +52.27, +9.06%), ON Semiconductor (ON 76.43, +5.35, +7.53%), and Paramount Global (PARA 10.95, +0.72, +7.04%) pepper the top of standings. SMCI and ON push higher alongside general strength in technology stocks, while PARA gets a lift from reports that E. Bronfman Jr. is eyeing a bid for PARA parent National Amusements.

Meanwhile, Montana-based analytics software firm Fair Isaac (FICO 1740.42, -69.33, -3.83%) is today's top laggard, falling off all-time highs from the prior session; losses may be helped along today by disclosure of 3K shares sold by EVP T. Bowers worth approx. $5.1 mln.

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