Stock Market Update
13-Sep-24 14:30 ET
Etsy higher in S&P 500 after White House de minimis exemption, Garmin dips on Barclays downgrade
Dow +270.99
at 41367.76,
Nasdaq +99.35
at 17669.01,
S&P +25.16
at 5620.92
[BRIEFING.COM] The S&P 500 (+0.45%) is in last place on Friday afternoon, albeit up about 25 points, currently falling to afternoon lows.
Elsewhere, S&P 500 constituents Warner Bros. Discovery (WBD 8.44, +0.78, +10.18%), Etsy (ETSY 55.32, +3.58, +6.92%), and Uber (UBER 71.89, +3.80, +5.58%) dot the top of the standings. WBD posts solid gains for back-to-back sessions, piggybacking off bullish analyst comment related to the Spectrum deal, ETSY climbs after the Biden administration announced new actions against de minimis shipments, with UBER hosting decent gains after announcing an expanded deal with Waymo.
Meanwhile, Garmin (GRMN 171.75, -10.26, -5.64%) is near the bottom of the average, sliding below its 50-day MA (173.33) after Barclays downgraded the stock to Underweight this morning.
