Stock Market Update

[BRIEFING.COM] All three major averages are now in the red after the Dow Jones Industrial Average (-0.09%) relinquished flat lines in the last half hour; the S&P 500 (-0.41%) is in second place.

Elsewhere, S&P 500 constituents ON Semiconductor (ON 68.53, -4.82, -6.57%), Old Dominion (ODFL 193.09, -11.43, -5.59%), and Mosaic (MOS 25.68, -1.05, -3.93%) dot the bottom of the average. Most of the chip sector, including ON, dips on Friday after Mercedes (MBGYY 15.35, -0.25, -1.60%) cut guidance yesterday in a possible cautious signal for the auto chip industry, while MOS slides alongside general weakness in the S&P 500 materials group (-0.89%).

Meanwhile, Texas-based cybersecurity firm CrowdStrike (CRWD 294.00, +16.62, +5.99%) popped to two-month highs today, aided in part by a favorable mention on Mad Money last night.