Stock Market Update

[BRIEFING.COM] The S&P 500 is tied with the Dow Jones Industrial Average in second place, each up about +0.87% apiece.

Elsewhere, S&P 500 constituents Builders FirstSource (BLDR 180.10, +12.55, +7.49%), Enphase Energy (ENPH 123.56, +8.07, +6.99%), and Norwegian Cruise Line (NCLH 17.41, +1.17, +7.20%) pepper the top of today's standings. BLDR is higher today given the prospect of lower mortgage rates as well as the New Home Sales report for July, which beat expectations by a sizable margin, while ENPH and NCLH post nice gains despite a dearth of corporate news.

Meanwhile, GE Vernova (GEV 181.33, -4.67, -2.51%) is near the bottom of the average after reports of a blade failure at an offshore wind farm in the UK.