Stock Market Update
18-Sep-24 11:30 ET
RMD leads S&P 500 losers after downgrade
Dow -55.76
at 41550.42,
Nasdaq -22.69
at 17605.35,
S&P -6.41
at 5628.17
[BRIEFING.COM] The S&P 500 (-0.04%) and Nasdaq Composite (-0.02%) hit fresh session lows in recent trading, but downside moves are muted.
Outsized moves are reserved for stocks with specific catalysts. ResMed (RMD 238.70, -12.18, -4.9%) is the worst performing S&P 500 component after being downgraded to Underperform from Peer Perform at Wolfe Research.
The Invesco S&P 500 Equal Weight ETF (RSP) shows a 0.1% decline.
