Stock Market Update
26-Aug-24 13:45 ET
PDD sinks on Q2 sales
Dow +24.17
at 41199.25,
Nasdaq -171.58
at 17706.21,
S&P -22.20
at 5612.41
[BRIEFING.COM] The major indices moved mostly sideways in recent action.
Pinduoduo (PDD 99.20, -40.69, -29.1%) is a losing standout today after rising competition and slowing consumer spending hit its Q2 sales.
Separately, oil prices are up 3.1% to $77.18/bbl.
