Stock Market Update
10-Jan-25 14:30 ET
S&P 500 down amid broad market declines; Bunge up after WASDE report
Dow -583.69
at 42051.51,
Nasdaq -251.77
at 19227.10,
S&P -72.51
at 5845.74
[BRIEFING.COM] The S&P 500 (-1.23%) is down about 73 points this afternoon, technically making it the "best" performing major average with more aggressive losses being had elsewhere.
Briefly, S&P 500 constituents PG&E (PCG 17.28, -1.97, -10.23%), ON Semiconductor (ON 54.63, -3.68, -6.31%), and Allstate (ALL 180.08, -11.72, -6.11%) pepper the bottom of the standings. PCG and ALL are lower in part due to the ongoing California wildfires, while ON caught a downgrade to Hold at Truist this morning citing demand concerns
Meanwhile, Missouri-based agribusiness firm Bunge (BG 81.62, +4.24, +5.48%) is one of the average's better performers following today's WASDE report.
