Stock Market Update
02-Aug-24 14:30 ET
Prudential, Microchip fall in S&P 500 after earnings
Dow -808.86
at 39538.91,
Nasdaq -454.57
at 16739.58,
S&P -120.50
at 5326.18
[BRIEFING.COM] The S&P 500 (-2.21%) is once more in second place among the major averages, down about 120 points on Friday afternoon.
Elsewhere, S&P 500 constituents Prudential (PRU 109.41, -13.08, -10.68%), Microchip (MCHP 76.40, -7.97, -9.45%), and Moderna (MRNA 86.22, -7.95, -8.44%) pepper the bottom of the standings. PRU and MCHP fall following earnings, while MRNA caught some sell side target cuts this morning following yesterday's results.
Meanwhile, GoDaddy (GDDY 151.03, +9.62, +6.80%) is one of today's better performers as the company impressed investors with bookings numbers and guidance.
