Stock Market Update

05-Aug-24 14:30 ET
Tyson bucks broader trend lower after Q3 beat
Dow -900.52 at 38836.54, Nasdaq -552.14 at 16224.03, S&P -148.28 at 5198.28

[BRIEFING.COM] The S&P 500 (-2.77%) is in second place on Monday afternoon, down about 150 points.

Elsewhere, S&P 500 constituents Walgreens Boots Alliance (WBA 10.77, -0.71, -6.18%), Bath & Body Works (BBWI 31.29, -1.91, -5.75%), and MarketAxess (MKTX 223.49, -11.14, -4.75%) pepper the bottom of the average. WBA and BBWI slide despite a dearth of corporate news, while MKTX reported July trading volumes this morning; MKTX management said, "We are not pleased with the progression of U.S. credit market share in July, but we are encouraged by the prospect for potential increases in market volatility in the coming months."

Meanwhile, Tyson Foods (TSN 63.31, +2.08, +3.40%) is near the top of today's standings following this morning's Q3 beat.

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