Stock Market Update
05-Sep-24 14:30 ET
McKesson down in S&P 500 after weak guidance, Copart slips on EPS miss
Dow -177.31
at 40797.66,
Nasdaq +60.76
at 17145.04,
S&P -10.61
at 5509.46
[BRIEFING.COM] The S&P 500 (-0.19%) is in second place on Thursday afternoon, moving mostly sideways over the prior half hour.
Elsewhere, S&P 500 constituents McKesson (MCK 514.09, -57.19, -10.01%), Zimmer Biomet (ZBH 105.00, -9.48, -8.28%), and Copart (CPRT 49.45, -3.60, -6.79%) dot the bottom of the standings. MCK slides after guiding Q2 EPS down at a conference today, ZBH issued a sales warning, and CPRT missed Q4 EPS expectations in last night's report.
Meanwhile, New York-based fintech firm MarketAxess (MKTX 257.59, +15.73, +6.50%) is outperforming after announcing August 2024 volume metrics this morning.
