Stock Market Update
27-Sep-24 14:30 ET
Globe Life falls after disclosing investigation; Walgreens atop S&P 500
Dow +157.38
at 42332.49,
Nasdaq -85.34
at 18104.93,
S&P -9.89
at 5735.48
[BRIEFING.COM] The S&P 500 (-0.17%) is at session lows, down about 10 points in recent action.
Elsewhere, S&P 500 constituents Globe Life (GL 104.174, -5.43, -4.95%), Universal Health (UHS 231.13, -8.54, -3.56%), and HP Inc. (HPQ 35.62, -1.23, -3.34%) dot the bottom of the standings. GL dips after disclosing a EEOC investigation into allegations of discrimination, while HPQ falls after BofA Securities downgraded their recommendation on the stock to Neutral citing limited EPS growth potential amid weak print margins
Meanwhile, Walgreens Boots Alliance (WBA 9.08, +0.56, +6.57%) is outperforming, up now circa +10.1% over the last two days after hitting 28-year lows earlier in the week.
