Stock Market Update
11-Sep-24 11:05 ET
WOOF, ALB sharply higher on news items
Dow -661.23
at 40075.73,
Nasdaq -209.56
at 16816.30,
S&P -80.92
at 5414.60
[BRIEFING.COM] The S&P 500 is trending toward the 5,400 level, trading 1.6% lower.
Market breadth reflects a strong downside bias under the surface. Decliners have a nearly 4-to-1 lead over advancers at the NYSE and a 5-to-2 lead at the Nasdaq.
Some individual names have gone against the grain today, trading higher on specific catalysts. Petco Health and Wellness (WOOF 3.91, +0.84, +27.5%) is sharply higher after reporting earnings and Albemarle (ALB 85.03, +6.39, +8.1%) is higher on a report that CATL wants to adjust its lithium production in Jiangxi, according to Reuters.
