Stock Market Update
06-Sep-24 14:30 ET
Super Micro Computer slides on downgrade, Dollar General pares recent losses in S&P 500 action
Dow -408.75
at 40347.00,
Nasdaq -442.47
at 16685.17,
S&P -96.52
at 5406.89
[BRIEFING.COM] The S&P 500 (-1.75%) is in second place on Friday afternoon, little changed over the last half hour.
Elsewhere, S&P 500 constituents Albemarle (ALB 76.06, -6.54, -7.92%), Super Micro Computer (SMCI 388.04, -26.56, -6.41%), and Wells Fargo (WFC 53.71, -3.15, -5.54%) pepper the bottom of the standings. Specialty chemical stocks including ALB are weaker today, SMCI caught a downgrade to Neutral out of JPMorgan, and WFC gaps below the 200-day MA (54.80) following a cautious Evercore ISI note.
Meanwhile, Dollar General (DG 82.19, +1.78, +2.21%) is narrowly atop the average, paring hefty declines from the prior week.
