Stock Market Update
17-Sep-24 14:30 ET
Hewlett Packard Enterprise, Airbnb atop S&P 500 on Tuesday
Dow +12.64
at 41634.72,
Nasdaq +31.33
at 17623.44,
S&P +1.49
at 5634.58
[BRIEFING.COM] The S&P 500 is tied with the Dow Jones Industrial Average in recent trading with gains of +0.03% apiece, all three major average now holding modest gains.
Elsewhere, S&P 500 constituents Hewlett Packard Enterprise (HPE 18.04, +0.81, +4.70%), Airbnb (ABNB 122.15, +4.60, +3.91%), and Moderna (MRNA 71.51, +2.34, +3.38%) pepper the top of the standings. BofA upgraded HPE to Buy this morning, Bernstein commented on ABNB suggesting NT pessimism creates an entry point with estimates and valuation de-risked, while MRNA announced earlier that Health Canada approved its updated COVID-19 vaccine.
Meanwhile, Accenture (ACN 338.74, -15.38, -4.34%) is today's top laggard after a story out this morning suggesting the company was delaying staff promotions amid a slump in the IT consulting space.
