Stock Market Update
13-Jan-25 14:30 ET
S&P 500 dips slightly; Edison slumps on legal woes, CF Industries surges on upgrade
Dow +242.48
at 42180.93,
Nasdaq -168.70
at 18992.93,
S&P -10.42
at 5820.24
[BRIEFING.COM] The S&P 500 (-0.18%) is in second place on Monday afternoon, holding slightly under Friday's close.
Briefly, S&P 500 constituents Edison (EIX 57.64, -7.36, -11.32%), Constellation Energy (CEG 286.18, -19.01, -6.23%), and Palantir Technologies (PLTR 63.79, -3.47, -5.16%) dot the bottom of the average. EIX slips as reports circulated that the company is to face lawsuits over its alleged role in the devastating Eaton fire in Southern California, CEG gives back a portion of last week's Calpine acquisition-fueled pop.
Meanwhile, CF Industries (CF 95.24, +6.48, +7.30%) is atop the standings after a Piper Sandler upgrade to Overweight citing a strong agriculture outlook.
