Stock Market Update

25-Sep-24 14:30 ET
Global Payments, Tyson underperform in S&P 500
Dow -240.07 at 41968.15, Nasdaq +0.68 at 18075.18, S&P -10.30 at 5722.63

[BRIEFING.COM] The S&P 500 (-0.18%) is in second place, little changed from levels half an hour ago.

Elsewhere, S&P 500 constituents Global Payments (GPN 97.70, -6.11, -5.89%), Tyson Foods (TSN 58.00, -2.52, -4.16%), and Southwest Air (LUV 28.65, -1.10, -3.70%) pepper the bottom of the standings. GPN slides after guidance from its Investor Conference, Piper downgraded TSN to Underweight amid rising cattle costs and declining beef and chicken prices, with LUV falling following its response to Elliott Investment's shareholder letter.

Meanwhile, Vistra Corp. (VST 119.51, +7.11, +6.33%) is outperforming after a Morgan Stanley tgt bump to $132, continuing recent strength shares now up circa +63% from the September bottom.

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