Stock Market Update
29-Aug-24 12:05 ET
CRM and other earnings reports provide boost
Dow +401.23
at 41492.65,
Nasdaq +214.23
at 17770.25,
S&P +49.63
at 5641.81
[BRIEFING.COM] The S&P 500 sports a 0.9% gain and the Dow Jones Industrial Average trades 1.0% higher.
Pleasing earnings reports from Dow component Salesforce (CRM 260.39, +1.49, +0.6%), CrowdStrike (CRWD 276.41, +12.21, +4.5%), Affirm Holdings (AFRM 42.51, +10.93, +34.6%), and Best Buy (BBY 101.16, +13.37, +15.2%) have contributed to the positive bias today.
Dollar General (DG 87.55, -36.29, -29.2%) also reported earnings since yesterday's close, but shares are dropping after below-consensus results.
