Stock Market Update

16-Jan-25 15:30 ET

Companies reporting earnings trade mixed

Dow -57.89 at 43163.66, Nasdaq -99.89 at 19411.34, S&P -4.30 at 5949.23

[BRIEFING.COM] There hasn't been much up or down action at the index level in recent trading.

Companies that report earnings ahead of Friday's open trade in mixed fashion. SLB (SLB 41.05, +0.40, +1.0%), Truist (TFC 44.78, -0.61, -1.3%), and State Street (STT 99.88, +0.11, +0.1%) are standouts in that respect.

Looking ahead to Friday, market participants receive the following economic data:

8:30 ET: December Housing Starts (Briefing.com consensus 1.318 mln; prior 1.289 mln), Building Permits (Briefing.com consensus 1.454 mln; prior 1.505 mln)
9:15 ET: December Industrial Production (Briefing.com consensus 0.3%; prior -0.1%) and Capacity Utilization (Briefing.com consensus 77.0%; prior 76.8%)
16:00 ET: November Long-Term TIC Flows (prior $152.3 bln)