Stock Market Update
09-Aug-24 14:25 ET
Palo Alto Networks higher on Barclays tgt bump, S&P 500 in second place
Dow -7.41
at 39439.08,
Nasdaq +58.79
at 16718.82,
S&P +16.08
at 5335.39
[BRIEFING.COM] The S&P 500 (+0.30%) is in second place on Friday afternoon, up about 16 points.
Elsewhere, S&P 500 constituents Palo Alto Networks (PANW 329.82, +12.45, +3.92%), Assurant (AIZ 176.37, +6.10, +3.58%), and Solventum Corporation (SOLV 60.35, +1.69, +2.86%) dot the top of the standings. Barclays raised their PANW tgt, while SOLV hits an 11-week high after last night's Q2 beat and upside guidance.
Meanwhile, Intel (INTC 19.87, -0.62, -3.03%) is near the bottom of the average after news the company was sued by Anaconda alleging misuse of its AI software.
